675-685 Warrigal RoadChadstone VIC 3148
Property Details for 675-685 Warrigal Rd, Chadstone
Last Listing description (August 2023)
A Landmark Retail Investment in Melbourne's Ultra Affluent South-Eastern Suburbs
JLL and Stonebridge are pleased to present Chadstone Homemaker Centre. An opportunity to acquire a 19,574 sqm* landmark retail centre located in the world-renowned suburb of Chadstone.
The Centre boasts a remarkable opportunity, combining a rare 1.5-hectare* Commercial 1 Zoned (C1Z) landholding with an absolute impenetrable income profile, anchored by Bunnings Warehouse, and a suite of some of Australia's absolute best retailers such as Freedom, The Good Guys, e&s, and Snooze.
The Centre is prominently positioned on Warrigal Road and in proximity to the Monash Freeway, enjoying excellent exposure and accessibility within a densely populated catchment with 750,000 people within a 15-minute drive of the Centre^.
^Source: JLL, VicData, ABS
^^Source: Urbis
*Approx.
Chadstone Homemaker Centre is for sale by Public Expressions of Interest closing at 4:00pm (AEST) Friday 23 rd June 2023.
To receive further information or to arrange an inspection please contact the exclusive sale agents below.
JLL
Stuart Taylor | +61 428 000 000
Nick Willis | +61 409 595 803
Tom Noonan | +61 402 319 698
Sam Hatcher | +61 409 899 691
Asian Capital Enquiries:
MingXuan Li | +61 498 688 998
Stonebridge
Justin Dowers | +61 438 098 805
Philip Gartland | +61 403 582 324
Kevin Tong | +61 422 848 818
Exceptional Landholding: Strategic Commercial 1 Zoned (C1Z), 1.5-hectare* landholding in Melbourne's prized south-eastern suburbs
Strong Rental Growth: All tenants providing either CPI, 3% or 5% fixed rental increases providing robust year on year income growth
Anchored by Bunnings Warehouse Anchored by arguably Australia's most secure and desirable covenants
Ultra-Affluent Catchment: Located within one of Australia's most affluent catchments, with average incomes 26%^^ above the Melbourne average
100% of income underpinned by either ASX listed, National, or chain-based retailers
Property History for 675-685 Warrigal Rd, Chadstone, VIC 3148
- 31 May 2023Listed for Sale Contact Agent
- 01 Mar 2018Listed for Rent - Price not available
- 01 Sep 2017Listed for Rent - Price not available
Recent sales nearby
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0About Chadstone 3148
The size of Chadstone is approximately 3.1 square kilometres. There are 7 parks, covering nearly 9.6% of the total area. The population of Chadstone in 2016 was 8641 people. By 2021 the population was 9552 showing a population growth of 10.5% in the area during that time. The predominant age group in Chadstone is 30-39 years. Households in Chadstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chadstone work in a professional occupation.In 2021, 57.80% of the homes in Chadstone were owner-occupied compared with 57.50% in 2016.
Chadstone has 5,142 properties. Over the last 5 years, Houses in Chadstone have seen a 2.04% increase in median value, while Units have seen a 6.46% increase. As at 30 June 2026:
- The median value for Houses in Chadstone is $1,310,065 while the median value for Units is $880,776.
- Houses have a median rent of $650 while Units have a median rent of $635.
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