Cnr Plenty Rd & Janefield Dr Bundoora VIC 3083

Rare opportunity to acquire an exceptional metropolitan Melbourne Neighbourhood Shopping Centre with the option of purchasing additional land for immediate/staged centre expansion - or alternative mixed use development (STCA)

* Metropolitan Melbourne neighbourhood shopping centre of 7,647sqm* GLA, anchored by a Coles Supermarket (3,795sqm*) and includes 27 specialty stores, 2 Kiosks and 1 ATM

* Additional land parcels (Front Parcel - 7,899sqm* & Rear Parcel - 8,195sqm*) provide 1.61ha* of zoned expansion land suitable for an immediate or staged development (STCA)

* The full line Coles supermarket (expires 2022) trade performance has consistently achieved double digit percentage growth since inception

* Newly constructed in 2007, providing significant depreciation allowances.

* Potential to subdivide a portion of the specialty shops (STCA)

* Located in the booming northern corridor of metropolitan Melbourne, only 19km* from the Melbourne CBD

* Highly convenient at-grade car park for 301 vehicles* (3.93 cars/100sqm)

* Main trade catchment population of 52,000**

* Estimated net income of $2,779,000 per annum

The property is being offered by way of a Public Expressions of Interest campaign closing at 5:00pm (AEST) Thursday 14th March 2013.

*approx.
** Source: MacroPlan Dimasi