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JLL is pleased to be offering for sale an opportunity to acquire a dominant 12,227 sqm convenience-retail and large format retail centre, situated in the ACT – Homeworld Tuggeranong.
Positioned in Greenways CBD, the centre provides an unmatched opportunity to acquire a unique asset that incorporates two of the best performing retail sub-sectors.
Homeworld Tuggeranong’s strategic advantage is the convenient layout and accessibility, backed by a centralised at-grade car park for approximately 300 vehicles providing direct customer access to each tenancy.
A number of key investment highlights outlined below:
- ALDI & Dan Murphy’s anchored 12,228 sqm* (GLA) convenience-based retail centre with 333 secured car bays
-Town centre location on a land rich 2.195 ha site allowing for additional development up to nine storeys
-National tenants providing 87%* of the total gross centre income fully leased net income: $3.77 million*
-Supporting tenants include PETstock, Supercheap Auto, Cash Converters & Access Canberra Service Centre
-Total trade area of 176,830* residents, 19km from the Canberra CBD
Homeworld Tuggeranong is for sale via Expressions of Interest closing 2pm (AEST), Wednesday 29 June 2022.