• Convenience and fresh food focused neighbourhood shopping centre, offering the only Coles store within the trade area – a major drawcard for the centre
• Exceptional and diverse tenant base with major, national and chain retailers representing 82% of total GLA and 74% of gross rent
• Outstanding Coles performance with MAT above the Urbis ‘Single Supermarket’ benchmark
• Strong specialty productivity of $9,592/sqm, 13% above the Urbis ‘Single Supermarket’ benchmark
• High-profile site with exceptional exposure to major arterial roads Southgateway and Cranbourne-Frankston Road, connecting with the Western Port Highway to the east and the Mornington Peninsula Freeway to the west, attracting high levels of passing commuters
• Well-established and thriving TTA with a population of 32,730 persons, including 20,500 (or 63%) in the PTA, and expected to increase by 2,590 residents to 35,320 residents by 2027, reflecting strong forecast growth of 0.8% p.a.*
• Significant retail expenditure pool of $443.0m within the TTA, with forecast growth of 2.8% p.a., expected to reach $586.0m by 2027, including $371.0m in the PTA*

The Gateway forms part of the Major Australian Shopping Centre Portfolio, 14 high-quality, sub-regional and neighbourhood shopping centre investments

For sale in one line or individually by EOI closing Thursday 23 August by 12 noon (AEST)

All figures above are approximate only
*Urbis, June 2018