320 Egerton Drive

Aveley WA 6069

The Centre is a modern, architecturally designed, purpose-built shopping centre anchored by a full-line Woolworths supermarket plus BWS and is supported by a diverse and complementary mix of 8^ specialty shops and a medical pad site. Woolworths Aveley is located 28 kilometres* north-east of Perth CBD, adjacent to the famous Swan Valley Wine Region. The Centre is situated in the heart of the Stocklands premier and award-winning master-planned community of Vale, Aveley, occupying a high-profile location with main road exposure.

The key investment highlights are as follows:

Dominant neighbourhood shopping centre with GLAR of 5,040 sqm*
Prime 1.76 hectare* corner site in a highly visible location
Situated within a prestigious and award-winning master-planned community
Anchored by Woolworths supermarket (including BWS) plus 8 specialty shops, 2 kiosks, 1 ATM and a pad site medical centre^
Estimated Main Trade Area of 31,380 people (2017), forecast to grow at 3.1% per annum to 2031 (Location IQ)
Retail expenditure in Main Trade Area forecast to significantly grow at 6.6% p.a. from 2017-2031 (Location IQ)
Affluent trade area with the average household income being 18% higher than the Perth Metro average
Attractive weighted average lease expiry (WALE) of 9.3 years* (by income)
Defensive, non-discretionary retail offering underpinned by tenants including supermarket, liquor, and butcher
Ample at-grade car parking for 255* car spaces with the majority enjoying shade coverage (5.1:100 sqm GLAR)
Estimated fully leased net income of $1.57 million* per annum as at 30 June 2018
Specialty tenants are primarily subject to 4% annual reviews, offering strong income growth
Near new, delivering significant depreciation benefits

For Sale by Expression of Interest closing 2pm (AWST) Wednesday 4 July 2018.

* Approx.
^ Current Configuration