219-257 Main Street Mornington VIC 3931

CBRE Victorian Retail Investments are pleased to present for your consideration, the opportunity to acquire the Mornington Village Shopping Centre, a high performing 'double anchored' neighbourhood shopping centre located in Mornington, a built up and affluent peninsula suburb, approximately 53km south east of the Melbourne CBD.

We highlight a number of key attributes below:

* High performing neighbourhood shopping centre presented over 7,963 sqm*, 'double anchored' by strong trading Woolworths and Aldi supermarkets, supported by 2 mini-majors, 15 speciality shops, 3 kiosks and 3 ATMs
* Secure income profile with 74%* of the centre leased to Major and Mini-Major tenants
* Highly exposed 1.308 ha* corner site, being the premium convenience destination in Mornington
* A number of national tenants including Telstra, Nandos, The Reject Shop, Woolworths Liquor and Soul Pattinson Chemist
* Serviced by 668* free at-grade car parks and 51 basement car parks, equivalent to 8.38 cars/100 sqm* (259 on title, equivalent to 3.25* cars/100 sqm*)
* A high percentage of net leases, providing excellent income protection through the recovery of outgoings
* Established and growing main trade area of 71,630, forecast to grow to 82,560 by 2026**
* Net passing income of $1,973,000 pa* (currently fully occupied)

The property is being offered for sale by way of a Public Expressions of Interest campaign closing at 5:00pm (AEST) Thursday 28th November 2013. To obtain further information, or to arrange an inspection, please contact the exclusive sales and marketing agents at CBRE.

* approximately
**Source: MacroPlan Dimasi