Question
What would be the best for Ferny Grove village, provide the long-term strategic asset management plan for Ferny Grove shopping village. Currently, Ferny Grove village
What would be the best for Ferny Grove village, provide the long-term strategic asset management plan for Ferny Grove shopping village.
Currently, Ferny Grove village have 22 tenants and average remaining lease term is 5 years.
Ferny Grove village WALE income | 3.09 |
Ferny Grove village WALE area | 3.16 |
There are now no direct rivals for this property in the area, but that may soon change in the upcoming year. The Ferny Grove Train Station is just across from a larger, newer, and more convenient shopping centre that is now being built less than a kilometre away. Moving future, this will have a serious impact on turnover and business. The $140 million Ferny Grove Central development, which will include a 12,000 square metre retail centre with 1,400 parking spaces for commuters and retail consumers, is expected to be finished in the fourth quarter of 2023. Ferny Grove shopping village is listed as soon as possible as there will also likely be a decrease in WALE values
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