Newmark Tooronga Property Trust

Tooronga Village Shopping Centre

A high quality Melbourne property, anchored by one of Coles Supermarkets' best performing stores. Tooronga Village shopping centre enjoys a prominent main road location in an affluent and sizeable catchment. Coles and national retailers make up 60% of the Trust’s forecast income. Tooronga Village is a proven performer with a focus on non-discretionary retail.

Tooronga Village offers strong and stable income underpinned by its convenience retail and significant market share.

The Fund

Status	Closed
Fund Type	Wholesale
Investment Objective	Sustainable distributions, preserve capital and provide tax-deferred benefits
Inception	September 2019
Distributions Paid	Quarterly
APIR	N/A

The Property

Property Type	Convenience Retail
Location	Glen Iris, Victoria
Site Area (Strata Title)	18,430m²
GLA	8,857m²
Anchor Tenants	Coles Supermarket, First Choice Liquor Market, 26 specialties, 5 podium tenancies
Carparks	488 spaces
Occupancy	91% by GLA (December 2021)