Sunbury Lifestyle Centre 85 Vineyard Road, Sunbury, VIC, 3429

Colliers Retail Middle Markets and Stonebridge Property Group are pleased to present for sale Sunbury Lifestyle Centre - A dominant fully leased large format retail centre underpinned by national tenants in a high-growth corridor.

Sunbury Lifestyle Centre comprises a high-quality large format retail asset positioned on a prominent 12,140sqm* corner site with 5,554sqm of GLA, within Melbourne’s high-growth north-west corridor. The centre is located 40km* from the Melbourne CBD and benefits from exposure to approximately 22,000* vehicles passing daily. Sunbury Lifestyle Centre directly adjoins a high-performing Bunnings Warehouse and is positioned to capitalise on sustained population growth, ongoing residential development, and forecast retail expenditure growth across its catchment.

Sunbury Lifestyle Centre Highlights

• No stamp duty payable, saving ~$1.5m - traded under the new CIPT system

• Agreed renewal with The Good Guys, rent jumping April-27 to $550k/net

• Signed HOA with Beacon Lighting at $340/net, backfilling Sunbury Mower at $263/gross

• Potential for centre expansion at rear of the Worklocker tenancy to increase GLA

• Existing agreement for solar, $19k pa. Told the vendor to hold fire assuming you and other groups can get a better deal

• Estimated NOI of $1.32 million to increase to $1.57 million (20%) by June 2028 with 83%+ of income secured by national ASX / NYSE listed covenants. The net effective yield with stamps saving and rental reversion provides a quick pathway to an improved return.

A 100% interest in Sunbury Lifestyle Centre is being exclusively offered for sale via Expressions of Interest (EOI) campaign closing Thursday 25th June at 3pm (AEST)

For more information, please contact the agents:

Tim McIntosh | [email protected] | +61 488 320 063

Will Heffernan | [email protected] | +61 400 917 179

Justin Dowers | [email protected] | +61 438 098 805

Rorey James | [email protected] |+61 439 400 081

Kevin Tong | [email protected] | +61 422 848 818

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