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48 Pearcedale Parade
Broadmeadows VIC 3047
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Sold on 29 Sep 2023

48 Pearcedale Parade Broadmeadows VIC 3047

  • Shop & Retail
  • 5,631 m²
  • Sold

THRIVING LARGE FORMAT RETAIL CENTRE INVESTMENT OPPORTUNITY

  • Landmark 3.4ha freehold site
  • Strategic metropolitan location
  • Strong trade area demographics

Landmark 3.4ha freehold site within designated Metropolitan Activity Centre, 15km north-west of the CBD, with convenient parking for 743 vehicles

100% occupied including leading service retailers with WALE of 3.5 years

Expansive catchment of 269,771 residents, robust 1.5% p.a. Growth to 2041

Opportunity to hold in one-line, or strategically subdivide and divest precincts (STCA and existing covenants)

Estimated fully leased net income of $1.4 million

International Expressions of Interest - Closing 2pm AEST, Thursday 17 August 2023

Property Highlights

Date Sold29 Sep 2023
Floor Area5,631 m²
Land Area3.35 ha
ParkingOn site parking available
Building TypeWhole building
Property ID2018665233
Category
Last updated  5 Oct 2023
Map for 48 Pearcedale Parade Broadmeadows VIC 3047

Property Highlights

Date Sold29 Sep 2023
Floor Area5,631 m²
Land Area3.35 ha
ParkingOn site parking available
Building TypeWhole building
Property ID2018665233
Category
Last updated  5 Oct 2023

Listed by

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