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 • Brand-new centre of unparalleled quality • Anchored by Coles & McDonald’s • Already paying percentage rent
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Property ID: 504707132