Armstrong Creek Shopping Centre 500-540 Torquay Road Armstrong Creek VIC 3217

Colliers International is proud to offer for sale the brand-new Armstrong Creek Shopping Centre, Armstrong Creek, Victoria.

On completion, the Centre will present as a highly convenient, non-discretionary offering, comprising 9,755sqm* of floor space on a landmark 2.065 hectare site*.

The key investment highlights are:

Anchored by full-line Coles supermarket with highly attractive percentage rent threshold

Serviced by 441 at-grade car spaces

Over 24,000* vehicles passing daily along the Surf Coast Highway

MTA estimated retail spend of $915.9 million in 2019, forecast to grow 5.2% p.a to $2.03 billion by 2036^

Main Trade Area population of 61,300 people in 2019 forecast to grow at 4.3% p.a. to 116,000 by 2036^

Median Primary Sector Individual income 28% above Victorian Average^

The Centre will be complimented by a future Town Centre incorporating 75,000sqm of retail, 50,000sqm of non-retail floor space and 1,249 dwellings*

FOR SALE VIA PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 2nd APRIL 2020 AT 2.00PM (AEDT)

For further information please contact the exclusive sales and marketing agents:

Tim McIntosh
+61 488 320 063

Mike Crittenden
+61 400 544 045

*Approximate
^Ethos Urban February 2020