Coburns Central, 523 High Street, Melton West, Vic 3337

Stonebridge Property Group and JLL are delighted to exclusively present for sale Coburns Central Shopping Centre, a high-performing Woolworths-anchored neighbourhood shopping centre positioned within Melbourne's fastest-growing municipality.

The key highlights of the opportunity include:

- High-performing neighbourhood shopping centre anchored by Woolworths, secured by a rare net lease structure and currently generating substantial percentage rent**

- Fully leased investment with 100% occupancy across Woolworths, 1 mini-major, 13 specialties, and 2 pad sites

- Significant 20,304 sqm* Commercial 1 Zoned corner landholding with extensive frontage to High Street and Coburns Road, immediately adjoining Woodgrove Shopping Centre

- Low average specialty gross rents representing approximately 34% below benchmark and providing significant rental reversion upside^

- Two national pad sites leased to Hungry Jack's and EG Group at below-market ground rents, offering future subdivision and value-add potential (STCA)

- Located within the City of Melton, Melbourne's fastest-growing municipality, forecast to increase its population by 79% between 2026 and 2046^^

- No upfront stamp duty payable for eligible purchasers, having entered Victoria's Commercial and Industrial Property Tax (CIPT) regime^^^

- Estimated net operating income of approximately $2.66 million per annum*

Coburns Central is for sale via Public Expressions of Interest closing Wednesday 26 August 2026 at 5:00pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and JLL.

Stonebridge Agents:

Justin Dowers
0438 098 805

Kevin Tong 汤聪瑜
0422 848 818  

Carl Molony
0439 032 028

JLL Agents:

Nick Willis
0409 595 803

Tom Noonan
0402 319 698  

Stuart Taylor
0428 000 000

*Approximately
** Refer to Lease for further definitions and exclusions.
^Urbis, 2025
^^ Forecast.id, November 2024
^^^ Subject to CIPT guidelines. Purchasers must rely on their own investigations and professional advice

Our ID: a0TOd00000mTMrIMAW

Property Code: 1775