December 2018
Assets
Acquisition of Crossroads Homemaker Centre
Anchored by a Bunnings Warehouse, the Crossroads Homemaker Centre is supported by national retailers providing a strong credit profile and sustainable income.
The Crossroads Homemaker Centre sits on 14.3 hectares of land and features over 50,000sqm of large format retail space.
The Centre is the 7th largest Large Format Retail centre in Australia with over 50,000sqm of space and features national tenants including Bunnings, Amart, The Good Guys, Chemist Warehouse, Fantastic Future and Baby Bunting. These national retailor tenants deliver reliable long-term income.
Located in the South-Western growth corridor, the Centre benefits from significant infrastructure investment and strong population growth.
Crossroads is adjacent to international retailer Costco providing a strong draw card from within and outside of the catchment.
See original article: https://www.afr.com/property/retail-property-in-southwest-sydney-a-buy-ashe-morgan-20181204-h18pl3
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