RIVERWAY PLAZA – STAGE 1

New Woolworths Anchored Centre. Stage 1 Now Leasing

Located on a prominent thoroughfare in the heart of Rasmussen and Upper Ross growth area, Riverway Plaza provides a progressive opportunity for ambitious retailers.

Stage one is currently under construction, and due for completion late 2020. Upon completion, Riverway Plaza will be a premium quality precinct, fully enclosed air conditioned facility. The opportunity represents a cutting edge retail centre where the community’s essential shopping and services are balanced in a progressive retail destination to create a truly unique product in the market.

The centre has been successfully trading for 30+ years, and to support the growth and needs of the local population, Riverway Plaza is being redeveloped providing a premium retail offering.

Join a high quality mix of tenants, including:

  • Full-line Woolworths;
  • BWS;
  • McDonalds; and
  • A select mix of tenancies which are now leasing.

Opportunities available for businesses to join a select mix of health and wellness, beauty and professional services, fresh food and restaurants.

Tenancies now available for lease:

  • Medical and health services;
  • Pharmacy;
  • Discount store;
  • Fresh food;
  • Caf├ęs and restaurants;
  • Fast food;
  • Beauty and health services; and
  • Professional office uses.

Centrally positioned in a suburb of high demand with a strong demographic and retail spend, this is an opportunity not to be missed.

 

Trade Area Profile

  • 20,750 residents (2017) in the main trade area, projected to grow to 31,700 by 2036.
  • Estimated $248 million (2017) in retail expenditure for the main trade area, and projected to grow to $448 million by 2036, representing an average annual growth of $10.5 million per annum.
  • Close proximity to child care centres, schools, Upper Ross Hotel, residential developments.
  • Easy access to the Bruce Highway.

Key Property Details

  • Anchored by a full line Woolworths;
  • 1,916sqm of specialty retail and professional services tenancies (approximately);
  • Fully enclosed and air conditioning shopping centre;
  • 366 shaded car parking bays on grade; and
  • Free standing fast food precinct with a drive through facilities.

FEATURES

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