Highland Village Shopping Centre 222 Target Hill Road, Greenwith, SA, 5125

Colliers and Savills are pleased to present Highland Village Shopping Centre, a convenience-based neighbourhood retail investment prominently positioned at the intersection of Target Hill Road and Golden Grove Road in Greenwith, within Adelaide’s established north-eastern corridor.

The centre provides approximately 3,088sqm of lettable area across a substantial 10,973sqm* freehold site, with 166* on-grade car parks.

Anchored by Romeo’s Foodland, Greenwith Medical Centre, BWS and Australia Post, the 96%* leased asset is supported by a highly complementary mix of medical, pharmacy, post office, bakery, food and personal service retailers. The income profile benefits from fixed annual rental growth and further income enhancement potential through active leasing and renewal opportunities.

KEY ASSET HIGHLIGHTS

• 3,088sqm* of net lettable area across a substantial 10,973sqm* freehold site.

• Anchored by Romeo’s Foodland and complemented by 12 specialty tenancies including medical, pharmacy, liquor, Australia Post, food and personal services.

• 166 convenient on-grade car parks with prominent corner exposure and frontages to Target Hill Road and Golden Grove Road.

• Romeo’s Foodland has anchored the centre for approximately 20 years, supporting consistent daily-needs visitation and strong local recognition.

• 96%* leased with fixed annual rental growth and further income enhancement potential through active leasing and renewal opportunities.

• Zero stamp duty materially reducing purchaser entry costs.

Highland Village services an affluent, family-oriented catchment supported by high home ownership, above-average household incomes, forecast population growth and limited supermarket competition. Eligible purchasers also benefit from South Australia’s zero stamp duty environment for commercial property acquisitions.

Highland Village Shopping Centre is offered for sale by Expressions of Interest closing Thursday 5 November 2026 at 2pm (ACDT).

*approx

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