Fountain Gate

64-86 Narre Warren Road, Fountain Gate, VIC, 3804

Property Description

The property is situated on the eastern side of Narre Warren North Road, approximately 38 kilometres south-east of the Melbourne central business district. Fountain Gate and the adjoining suburbs of Narre Warren and Berwick form part of a residential area that has been progressively developed since the 1980's. The property is located between the Monash Freeway and Princes Highway both of which provide access to the Melbourne central business district. Narre Warren railway station is located on the southern side of Princes Highway and there is also a bus service operating in the area. To the western side of Narre Warren North Road is Fountain Gate shopping centre, which includes a K-Mart, Target, Safeway, Coles and specialty shops. Also in close proximity are a number of fast food restaurants, service retail and other large format retail outlets, a medical centre, the municipal offices and other community facilities. BWP has commenced repurposing the ex-Bunnings site for large format retail which is expected to be completed in the second half of calendar year 2026. On completion, the 100 per cent pre-leased redeveloped centre will include BCF, Rebel, Supercheap Auto, Macpac, Officeworks, Pillow Talk, Planet Fitness, Grill'd and Lifeblood.

Land area

32,120 m²

The total GLA/retail area

12,624 m²

Bunnings lease commencement date

24/9/1998

Current valuation

$81,000,000

Annual Rent

$2,133,509

Property Type

Vacant Property

Property Location

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