The Good Guys, 48-50 Victor Crescent,
Narre Warren, VIC 3805
Shops & Retail • Showrooms & Large Format Retail • Other
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
The Good Guys, 48-50 Victor Crescent
Narre Warren, VIC 3805
Map of The Good Guys, 48-50 Victor Crescent
SECURE LEASE TO THRIVING NATIONAL ASX TENANT IN HIGH GROWTH CORRIDOR LOCATION
- The Good Guys: Owned by JB Hi-Fi Ltd
- CPI increases
- Longstanding Tenant (20+ Years)
Key investment details:
+ Recently renewed lease to The Good Guys – a blue-chip tenant and wholly owned subsidiary of ASX listed JB Hi-Fi Limited (ASX:JBH) with a market cap of $4.89* billion
+ The Good Guys is a market leading white goods & electronics retailer with significant market share of the Australian market, perfectly positioned to capture the retail spend of families in the surrounding residential suburbs across Melbourne's booming south-east
+ Expansive building of 2,315sqm* with over 50m* of high exposure street frontage to Victor Crescent and ample parking for more than 500 cars at grade in the centre
+ Recent store extension completed expanding the valuable warehouse & storage capabilities in the building, aiding the rapidly growing sales and providing rear access for deliveries & online pickup orders
+ Directly opposite Westfield Fountain Gate - Australia’s second largest Shopping Centre and a major drawcard to the immediate zone
+ Proven destination in The Fountain Gate Supercentre, Narre Warren's thriving large format retail & commercial precinct, with 0%* LFR vacancy in the area and Spotlight, Rebel and Bunnings Warehouse amongst the major national retailers securing a position in the precinct
Contact CBRE for further information and to organise an inspection.
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
+ Recently renewed lease to The Good Guys – a blue-chip tenant and wholly owned subsidiary of ASX listed JB Hi-Fi Limited (ASX:JBH) with a market cap of $4.89* billion
+ The Good Guys is a market leading white goods & electronics retailer with significant market share of the Australian market, perfectly positioned to capture the retail spend of families in the surrounding residential suburbs across Melbourne's booming south-east
+ Expansive building of 2,315sqm* with over 50m* of high exposure street frontage to Victor Crescent and ample parking for more than 500 cars at grade in the centre
+ Recent store extension completed expanding the valuable warehouse & storage capabilities in the building, aiding the rapidly growing sales and providing rear access for deliveries & online pickup orders
+ Directly opposite Westfield Fountain Gate - Australia’s second largest Shopping Centre and a major drawcard to the immediate zone
+ Proven destination in The Fountain Gate Supercentre, Narre Warren's thriving large format retail & commercial precinct, with 0%* LFR vacancy in the area and Spotlight, Rebel and Bunnings Warehouse amongst the major national retailers securing a position in the precinct
Contact CBRE for further information and to organise an inspection.
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Property ID: 504446116Last Updated: 27 Feb 2024
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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