The Good Guys/The Good Guys 48-50 Victor Crescent Narre Warren VIC 3805

Key investment details:

+ Recently renewed lease to The Good Guys a blue-chip tenant and wholly owned subsidiary of ASX listed JB Hi-Fi Limited (ASX:JBH) with a market cap of $4.89* billion

+ The Good Guys is a market leading white goods & electronics retailer with significant market share of the Australian market, perfectly positioned to capture the retail spend of families in the surrounding residential suburbs across Melbourne's booming south-east

+ Expansive building of 2,315sqm* with over 50m* of high exposure street frontage to Victor Crescent and ample parking for more than 500 cars at grade in the centre

+ Recent store extension completed expanding the valuable warehouse & storage capabilities in the building, aiding the rapidly growing sales and providing rear access for deliveries & online pickup orders

+ Directly opposite Westfield Fountain Gate - Australia's second largest Shopping Centre and a major drawcard to the immediate zone

+ Proven destination in The Fountain Gate Supercentre, Narre Warren's thriving large format retail & commercial precinct, with 0%* LFR vacancy in the area and Spotlight, Rebel and Bunnings Warehouse amongst the major national retailers securing a position in the precinct

Contact CBRE for further information and to organise an inspection.

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.