Commercial Real Estate Investing, Reimagined

Commercial Real Estate Investing, Reimagined

Brimbank Shopping Centre

Location

Cnr Neale and Station Roads
Deer Park
VIC 3023
Wurundjeri Country
Located 18 km north-west of Melbourne’s CBD and just 10 km from Melbourne Airport.
Brimbank Shopping Centre hosts over 110 stores, including prominent retailers like Coles, Woolworths, ALDI, and Target.

Location

Cnr Neale and Station Roads
Deer Park
VIC 3023
Wurundjeri Country

Ownership entity

JY Mulpha Brimbank Level 1 Trust

JY ownership

80% (20% owned by Mulpha)

Year of purchase

2019 (from Blackstone)

Net purchase price

$150 million (after rental guarantee)

Net passing yield on purchase

7.8%

Major tenants

ALDI, Coles, Target, and Woolworths

Number of retailers
0
Site area
0 sqm
GROSS LETTABLE AREA
0 sqm
Car Parking Spaces
0
Melbourne Brimbank Shopping Centre

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