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Botanic Ridge Village 7 Properties in Botanic Ridge
Investment Highlights
- Anchored by a high-performing Coles supermarket on a 12-year lease.
- Future Dan Murphy’s to further strengthen the tenancy mix.
- Located in Melbourne’s south-east growth corridor with strong population and retail expenditure forecasts.
- Supported by eight specialty retailers plus childcare, swim school, gym, medical, and F&B tenants.
- Significant 32,449 sqm landholding across multiple titles with expansion potential (STCA).
- Near-new improvements offering substantial depreciation allowances.
Executive Summary
Botanic Ridge Village represents a rare opportunity to acquire a dominant, convenience-based neighbourhood shopping centre anchored by a high-performing Coles supermarket. Strategically located within Melbourne’s rapidly expanding south-east growth corridor, this asset is positioned to benefit from strong demographic and retail expenditure growth over the coming decade.
The centre is underpinned by a 12-year lease to Coles and complemented by eight specialty retailers, a childcare centre, swim school, gym, medical centre, and food and beverage operators. A future Dan Murphy’s will further enhance the tenancy mix, reinforcing the centre’s role as a key retail and lifestyle destination for the local community.
Comprising near-new, high-quality improvements, the property offers substantial depreciation benefits and sits on a significant 32,449 sqm landholding across multiple titles, providing long-term flexibility and development potential (STCA). Surplus land to the rear and an existing playground area present opportunities for future expansion as the catchment continues to grow.
The Primary Trade Area is forecast to achieve 8.3% annual population growth through 2036, supporting retail expenditure growth of 10.6% per annum over the same period. This combination of strong fundamentals, strategic location, and future upside makes Botanic Ridge Village an exceptional investment opportunity.
Botanic Ridge Village is offered for sale via Expressions of Interest closing Wednesday 29th April at 5:00pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
The centre is underpinned by a 12-year lease to Coles and complemented by eight specialty retailers, a childcare centre, swim school, gym, medical centre, and food and beverage operators. A future Dan Murphy’s will further enhance the tenancy mix, reinforcing the centre’s role as a key retail and lifestyle destination for the local community.
Comprising near-new, high-quality improvements, the property offers substantial depreciation benefits and sits on a significant 32,449 sqm landholding across multiple titles, providing long-term flexibility and development potential (STCA). Surplus land to the rear and an existing playground area present opportunities for future expansion as the catchment continues to grow.
The Primary Trade Area is forecast to achieve 8.3% annual population growth through 2036, supporting retail expenditure growth of 10.6% per annum over the same period. This combination of strong fundamentals, strategic location, and future upside makes Botanic Ridge Village an exceptional investment opportunity.
Botanic Ridge Village is offered for sale via Expressions of Interest closing Wednesday 29th April at 5:00pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 98,329 SF |
| Number of Properties | 7 | Total Land Area | 8.28 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 98,329 SF |
| Total Land Area | 8.28 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3 Hummingbird Dr, Botanic Ridge VIC 3977 | Land | 0.59 AC | - | - |
|
Building 1
10 Hummingbird Dr, Botanic Ridge VIC 3977 |
Retail | 55,477 SF | 2022 | - |
| 23 Hummingbird Dr, Botanic Ridge VIC 3977 | Retail | 10,183 SF | - | - |
|
Building 2
10 Hummingbird Dr, Botanic Ridge VIC 3977 |
Retail | 9,451 SF | 2022 | - |
| 15 Hummingbird Dr, Botanic Ridge VIC 3977 | Retail | 9,170 SF | - | - |
| 19 Hummingbird Dr, Botanic Ridge VIC 3977 | Retail | 2,820 SF | - | - |
| 9 Hummingbird Dr, Botanic Ridge VIC 3977 | Sports & Entertainment | 11,227 SF | - | - |
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Botanic Ridge Village
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