PROPERTY / RETAIL PROPERTY / WESTFIELD AIRPORT WEST

WESTFIELD AIRPORT WEST

Address Louis Street, Airport West, Victoria

Ownership 50% Perron Investments Pty Ltd, 50% Scentre Group

Class Sub-regional shopping centre

Purchased 2003

Year Built 1976

Extended 2003

Refurbished 1986, 1989, 1997, 1998, 2010

Land Area 17.6 hectares

Levels 1 level

Car Bays 2,640

Lettable Area 52,266 m²

With approximately 52,266 m² of GLA, the centre is anchored by Coles, Woolworths, Target, Kmart, Aldi and Harris Scarfe.

Westfield Airport West is situated approximately 12km north west of the Melbourne CBD and proximity to the Tullamarine Freeway and Western Ring Road affords excellent access to the centre. The centre is positioned within a strong commercial corridor, with Essendon Airport on the eastern side of Tullamarine freeway.

A 50% interest in the property was acquired from Scentre Group in 2003 with Scentre retaining management, leasing and development rights.