Botanic Ridge Village goes to market with a long WALE, strong trading performance.
Botanic Ridge Village, a highly defensive, long‑WALE neighbourhood shopping centre anchored by Coles, has been brought to market by Stonebridge and Colliers on behalf of Sandhurst Retail & Logistics (SRL).
Located 50km southeast of Melbourne’s CBD, the 10,445sqm centre serves as the retail heart of the Acacia Botanic Ridge masterplanned community and forms a key component of the Botanic Ridge Precinct Structure Plan (PSP), an area undergoing rapid population growth and significant public and private investment.
Completed in 2022, the centre features a rare 12‑year Coles lease, supported by eight specialty tenants, Dan Murphy’s, Bluebird Early Education, BlueFit Swim School, a medical centre, and multiple external food & beverage operators. The asset generates a fully leased net income of $3,754,098, positioned on a substantial 32,449sqm landholding with low site coverage, providing long‑term development flexibility and future value opportunities.
Colliers National Director of Retail Middle Markets, Tim McIntosh, said, “This is a standout opportunity for capital seeking exposure to essential‑services retail with secure income, limited competition and such strong forecasted sales growth. In the current environment, it’s exceptionally rare.
“Its mix of essential services, retail and community‑focused amenities creates a highly liveable, future‑proof environment. The quality of Botanic Ridge Village sets a benchmark for neighbourhood centres and ensures it will remain an important asset for many years to come.”
Situated within the Botanic Ridge PSP, the centre benefits from compelling demographic fundamentals, with the suburb forecast to experience more than 8 per cent annual population growth through to 2031. Over 3,400 new dwellings are planned within the PSP, while neighbouring catchments, including the impending Devon Meadows PSP, set to deliver a further 3,300+ dwellings, will significantly expand the trade area and reinforce the centre’s long‑term defensibility.
With strong family demographics and minimal competing retail, the nearest Coles is more than seven kilometres away, Botanic Ridge Village is positioned to maintain a highly defensible market share and build long‑term customer loyalty.
Stonebridge Property Group National Director, Justin Dowers, said, “This pocket of Melbourne is experiencing extraordinary residential momentum, and that growth is driving a deep and resilient customer base. Young families and sustained development activity all contribute to an exceptionally strong retail environment.
“Opportunities to acquire assets of this calibre in such tightly held growth corridors are rare, and the ongoing uplift from surrounding PSP areas, including the future Devon Meadows PSP, will continue to support trading performance for years to come.”
Botanic Ridge Village is being jointly marketed by Colliers’ Tim McIntosh, Will Heffernan and James Wilson, together with Stonebridge Property Group’s Justin Dowers and Kevin Tong, via an Expressions of Interest campaign closing at 5:00pm (AEST) on Wednesday, 29 April 2026.
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