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Glebe Hill Village, 1 Commerce Drive, Howrah, TAS, 7018
Howrah
JLL Retail Investments is privileged to present for sale Glebe Hill Village, a rare opportunity to acquire a brand-new Coles anchored neighbourhood shopping centre of unparalleled quality and performance.
Glebe Hill Village is a state-of-the-art centre representing a level of craftmanship unseen in Australia’s neighbourhood sector, and the most environmentally advanced neighbourhood centre in Tasmania, if not Australia.
Key details of the opportunity include:
+ Exceptionally strong trading Coles, already trading well in-excess of percentage rent thresholds, and recently ranked 8 th highest performing centre in Australia in Shopping Centre News’ 2024 Mini-Guns report
+ 12-year lease to Coles Group with highly favourable 10-year option terms, and a 20-year ground lease to McDonald’s providing guaranteed fixed income growth
+ The most environmentally and technologically advanced neighbourhood centre in Tasmania, if not Australia
+ Situated within Hobart’s booming eastern growth corridor, with thousands of houses to be built, along with benefitting from over $2B in major infrastructure projects currently planned and underway in Hobart.
+ Featuring a fully leased net income of $2.88m p.a. and secured via a 8.2 year WALE (by income)
+ Landmark 2.35 h.a. site, just 8km east from the Hobart CBD, with prime corner exposure and connectivity to a MTA of 36,000+ people.
*All figures are approximate only. As at 31 December 2024.
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Stuart Taylor | 0428 000 000
Remember to mention you found this property on CommercialReady
JLL Retail Investments is privileged to present for sale Glebe Hill Village, a rare opportunity to acquire a brand-new Coles anchored neighbourhood shopping centre of unparalleled quality and performance.
Glebe Hill Village is a state-of-the-art centre representing a level of craftmanship unseen in Australia’s neighbourhood sector, and the most environmentally advanced neighbourhood centre in Tasmania, if not Australia.
Key details of the opportunity include:
+ Exceptionally strong trading Coles, already trading well in-excess of percentage rent thresholds, and recently ranked 8 th highest performing centre in Australia in Shopping Centre News’ 2024 Mini-Guns report
+ 12-year lease to Coles Group with highly favourable 10-year option terms, and a 20-year ground lease to McDonald’s providing guaranteed fixed income growth
+ The most environmentally and technologically advanced neighbourhood centre in Tasmania, if not Australia
+ Situated within Hobart’s booming eastern growth corridor, with thousands of houses to be built, along with benefitting from over $2B in major infrastructure projects currently planned and underway in Hobart.
+ Featuring a fully leased net income of $2.88m p.a. and secured via a 8.2 year WALE (by income)
+ Landmark 2.35 h.a. site, just 8km east from the Hobart CBD, with prime corner exposure and connectivity to a MTA of 36,000+ people.
*All figures are approximate only. As at 31 December 2024.
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Stuart Taylor | 0428 000 000
Remember to mention you found this property on CommercialReady
Glebe Hill Village, 1 Commerce Drive, Howrah, TAS, 7018
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
