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Description de la propriété
The JLL Retail Investments Team is pleased to present the opportunity to acquire a 100% stake in West Place Shopping Centre located in the heart of Churchill, Victoria.
The Asset
West Place Shopping Centre is a convenience based single level neighbourhood shopping centre comprising a total lettable area of 4,703 square metres, securely anchored by a strong performing full-line Woolworths supermarket and thirteen (13) tenancies. Woolworths supermarket anchors 64% of the Centre’s total GLA.
The Location
Situated within the heart of the Latrobe Valley, West Place Shopping Centre is located 160km from the Melbourne CBD, approximately 12km south of Morwell
*All figures reflected above are approximate
Informations clés concernant l'investissement
- Anchored by strong performing Woolworths Supermarket
- 62% of income underpinned by Woolworths Supermarket
- 98% of income derived from non-discretionary tenants
- Convenient parking for 179 vehicles (3.8 cars per 100sqm)
- Fully leased net income of $1,040,125 p.a
- Home to Federation University's Gippsland Campus
*All figures reflected above are approximate