Summerhill Shopping Centre, VIC

850 Plenty Road Reservoir, VIC Australia 3073
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 2015
Building Area Gross
Land Area Gross ()
Occupancy 99.0 %

Property description

Double supermarket anchored Shopping Centre underpinned by a 4.2 hectare metropolitan Melbourne landholding

  • Anchored by Coles, Kmart, and Aldi
  • Located 12km* north of the Melbourne CBD
  • 42,450 sqm* Commercial 1 zoned site

JLL, in conjunction with Stonebridge Property Group, is pleased to present for sale Summerhill Shopping Centre, a double supermarket anchored shopping centre underpinned by a 4.2-hectare metropolitan Melbourne landholding.  

Investment highlights

The key highlights of the opportunity include:

  • Anchored by Coles, Kmart, and Aldi, and supported by 26 shops, 3 kiosks and 3 pad sites over 16,551 sqm* GLAR.
  • Located 12 km* north of the Melbourne CBD and 1.6km* from La Trobe University in an employment and innovation priority area.
  • Positioned on an expansive 42,450 sqm* Commercial 1 zoned site with a 249 metre* arterial road frontage.
  • Large and growing Main Trade Area of 107,440 people, including residents, workers, and students^.
  • Long WALE of 7.2 years (by area), underpinned by leases to Coles (2035) and Kmart (2030) with rare 10-year options.
  • Strong land underpin, previously approved for a mixed-use development including 319 units.
  • Fully leased net operating income of $5.05m p.a.* with excellent growth prospects.

* Approximately  

^ Location IQ

Summerhill Shopping Centre is for sale by Expressions of Interest closing on Wednesday, 17th August 2022 at 4:00 pm AEST.

For further information please contact the selling agents.

Last Updated Date: 26 Jul 2022

Please enter your corporate email account in the email field. We may not be able to reply to your personal email account or free email address such as Gmail or Yahoo Mail.

There was an error submitting your request. Please try again, or submit you inquiry here.



Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry, providing information such as our services and events.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 26 Jul 2022

Do you have any questions?  Visit our FAQ page

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

Please go to the below link for our commitment to compliance (Japanese only).

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.