Location

398 South Gippsland Highway, Cranbourne, VIC

Located in one of Victoria’s fastest growing regions, Cranbourne Home has been established for 18 years and is located 47 kilometres south-east of Melbourne’s CBD.

The property benefits from a high profile corner location with a total street frontage of over 1,500 metres. Cranbourne Home includes a vacant development site adjoining Bunnings which could increase the size of the centre to over 60,000sqm, making it one of the largest LFR centres in Australia.


34
TOTAL TENANTS
1,758
CAR SPACES
89%
NATIONAL RETAILERS
56,000
GLA (M2)

KEY STATISTICS

Ownership Interest 100%
WALE (yrs) 6.6
Occupancy (by GLA) 100%
Site Area 194,000m2
Gross Lettable Area (GLA) 56,000m2
Number of Retailers 34
Car Park Spaces 1,758
Valuation $134,000,000
Valuation Date 30-06-2018
Valuation Type Internal
Capitalisation Rate 7.25%
Total Catchment Population 180,010
Zoning LFR/Retail
Major Retailers Bunnings, Spotlight, The Good Guys, Officeworks, JB Hi Fi Home
Cranbourne Home

398 South Gippsland Highway, Cranbourne, VIC

(03) 5991 4922