Avenues Shopping Centre, Stepney



A significant purchase of a prized retail asset to add diversity to APD’s portfolio. This major inner eastern, well established Neighbourhood Shopping Centre, located only 2 kilometres from the CBD, is anchored by a fully refurbished and expanded Coles supermarket together with 18 specialty shops and a tavern. The property is fully leased.

Situated on a huge site of 1.564 hectares, there exists major value add opportunities, and further upgrading of the Centre will ensure and enhance the positioning of the Avenues for its long term future.