The Opportunity
Colliers, as the exclusive marketing agent, is pleased to present Prebbleton Village at 555 Springs Road to the market.
For savvy investors seeking a premium, newly built asset in a high-growth location, this is a rare opportunity. Anchored by a strong 7.53-year WALT across 15 tenancies, this architecturally designed development offers a diverse mix of retailers, including medical, hospitality, and essential services. Early inspection is highly recommended.
Completed in 2022 by MON Group Ltd and designed by Walker Architecture, Prebbleton Village comprises three modern buildings constructed from high-quality permanent materials, including concrete, brick, and Australian hardwood gum. The result is a contemporary and enduring aesthetic.
This fully occupied, recently completed development presents a secure investment, with multiple tenancies reducing risk and annual fixed rental growth across all leases.
The tenant mix includes well-established brands such as Good Home, Ray White, Flex Fitness, as well as a dentist and pharmacy, ensuring strong, reliable income.
The vendors have designed a subdivision plan, allowing investors to purchase each building individually or acquire the entire complex on a freehold collective basis. Three assets are available for sale separately or as a single portfolio.
Features
- 5,753 sqm land area
- 100% occupancy
- WALT 7.53 years
- Strong tenant covenants
- High growth locality
- Fixed annual growth
- Architecturally designed
- Constructed 2022
- Excellent onsite parking
- Total Net Annual Rental $893,969.37
The properties are being offered for sale via Deadline Private Treaty, with offers due by 4:00 PM on Tuesday, April 15, 2025 (unless sold prior).
*Boundary lines are indicative only.
