299 Bourke Street Mall299 Bourke Street is a landmark property with scope to add value through repositioning the building into refurbished retail and office accommodation, and capitalising on the strong rental upside reversion and capital uplift opportunity. At the expiry of the David Jones occupancy, Newmark proposes to refurbish the lower three levels as retail and upper four levels as office. |
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Newmark plots future for David Jones store - Financial Review - July 29 2020
David Jones menswear store sells as buyers defy city lockdown - The Australian - July 29 2020
Tooronga Village Shopping CentreA 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 it's convenience retail and significant market share. |
Brandon Park Shopping CentreBrandon Park Shopping Centre is located on a 'Gateway Site' in a strong and growing demographic, 24km southeast of the Melbourne CBD. Whilst well established and achieving high levels of sales, the Centre has significant scope for improvement and expansion and is well positioned to capitalise on further growth in the surrounding areas. Newmark expects to deliver secure income whilst planning and developments are undertaken to take advantage of possible further expansion and other complimentary uses. |
The Como CentreLocated on the prime South Yarra corner of Toorak Road and Chapel Street the iconic Como Centre is a mixed-use complex of inter-connected office, retail and hotel buildings. Comprising 62% office, 13% hotel, 10% retail, 3% cinema and 11% parking by income, the Centre is securely leased to leading corporate tenants including Network Ten, Accor Hotels and Omnicon. Newmark expects the property to deliver secure income and long-term capital growth. Newmark intends to undertake various improvement initiatives to add value and develop a plan for future expansion. |
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The Jam FactoryProgress on the mixed-use redevelopment of the iconic Jam Factory in South Yarra has reached a major milestone with the issue of a Planning Permit for the development by Stonnington Council in May 2018. Representing one of the most unique commercial repositioning opportunities in Australia the Jam Factory will become a world-class office, entertainment, dining, retail and cultural district setting a new standard in sophisticated mixed-use development. The existing Jam Factory property has four main income-producing components, namely Cinemas, Retail, Office and Carpark. |
417 St Kilda Road, Melbourne417 St Kilda Road is a nine level tower with a diversified tenant profile and home to international and national technology companies. As one of only five A-grade office buildings on the premier city fringe boulevard, the property was identified by Newmark in 2012 as ideally positioned to take advantage of important growth opportunities within the St Kilda Road office precinct including:
Newmark further enhanced the asset and added value through:
The property was sold delivering strong income and capital returns to investors prior to the conclusion of the Trust term. |
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