Medowie Retail & Convenience Centre

Dominant daily needs investment in the high-growth Medowie corridor — one of the Hunter Region's fastest growing residential catchments.

Medowie Retail Centre aerial view with stage annotations

$1.68M

Net Income p.a.

7.72 yrs

WALE (Income)

3,399 m²

Total Lettable Area

Tenants

Investment Highlights

A rare opportunity to acquire a fully leased neighbourhood retail and convenience centre positioned within the evolving Medowie Town Centre Masterplan area. Strategically located in the heart of Medowie's established retail precinct, anchored by nationally recognised tenants and benefiting from immediate adjacency to full-line Coles and Woolworths supermarkets.

Net passing income of $1.68* million per annum

Net income as at 15 October 2026 $1.73* million per annum

Strong WALE of circa 7.72 years by income and 7.57 years by area as at 1 May 2026

Fully leased to 8 tenants across a diversified daily needs profile

Anchored by national operators including 7-Eleven, KFC, Plus Fitness 24/7 and Chemist Outlet

Defensive tenancy mix spanning convenience retail, childcare, health and fitness uses

Positioned within the Medowie Town Centre Masterplan precinct

Significant surrounding residential growth with ~1,000 dwellings in the pipeline

Strong population growth across the Medowie catchment over the past five years

Immediate proximity to Coles and Woolworths supermarkets driving customer traffic

Net lease structure with fixed annual increases and CPI-linked reviews

Flexible acquisition structure — purchase in one line or as individual stages

Tenancy Summary

Combined complex — all net leases with fixed or CPI-linked reviews

Net passing income	$1.68* million per annum
Net income as at 15 October 2026	$1.73* million per annum

Tenant	Area (m²)	Term	Expiry	Options	Review	Net Rent p.a.	$/m²
Little Beginnings Learning Centre	845	15 yrs	14-Oct-36	2 x 10 yrs	>3% or CPI	$398,530	$472
Pharmacy & Medical Centre	608	10 yrs	15-Aug-31	3 x 5 yrs	>3% or CPI	$302,346	$497
Plus Fitness 24/7	669	10 yrs	31-Aug-31	2 x 10 yrs	3%	$222,851	$333
Aurora Nails & Beauty	60	5 yrs	10-Oct-26	2 x 5 yrs	3%	$25,887	$431
KFC	255	10 yrs	2-Oct-33	2 x 10 yrs	3%	$217,484	$853
Washzone Car Wash	341	10 yrs	20-Sep-32	1 x 10 yrs	>2.5% or CPI	$107,755	$316
Restom Dental Corp	200	15 yrs	17-Aug-38	2 x 5 yrs	>3% or CPI	$74,844	$374
7-Eleven	421	12 yrs	21-Sep-34	1 x 5 yrs	CPI	$331,972	$789
Total	3,399					$1,681,668	$495