Developers Realisation Auction

Stonebridge Property Group is delighted to offer to the open market, a freestanding First Choice (Coles) investment in a prime metro Melbourne location.

Under clear instructions from the vendor, the property will be sold via a Public On-site Auction to be held on Tuesday 21st March 2023 at 12:30pm (AEDT).

We outline below some of the key features of this terrific opportunity:

– Anchored by First Choice Liquor, owned by ASX listed giant Coles Groups Limited (MKT CAP $24bn^)

– State of the art and fully refurbished 838 sqm* building, including 12 car parks on-title, offering major depreciation tax benefits

– Substantial land area of 1,538 sqm*, zoned under the highly valuable Activity Centre Zone 1 (ACZ1), and nearby the North East Link on/off ramp

– Outstanding retail location opposite the super-regional Greensborough Plaza (Coles, Aldi,Kmart, Target, Hoyts Cinemas) and adjacent Bus Terminal Interchange Development

– Area will be further complemented by the upgraded Greensborough Train Station and major residential development in the immediate surrounds

^Source: ASX
*Approximately

First Choice Greensborough is offered for sale via a Public On-Site Auction on Tuesday 21st March 2023 at 12:30pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Rorey James
0439 400 081

Kevin Tong 汤聪瑜
0422 848 818

Justin Dowers
0438 098 805

Property Code: 610