Property Details

  • Contact Agent
  • Retail
  • 6326 sqm
  • 20858 sqm

Agent Details

Michael Ludski

Director | Officer in Effective Control

T 0419 020 203

M 0419 020 203

Email Agent

Matthew Feld

Director | Auctioneer

T 0415 803 348

M 0415 803 348

Email Agent

Cobblebank Village/211 Ferris Road, Cobblebank

Trophy Coles-Anchored Neighbourhood Centre in Melbourne’s Fastest-Growing Municipality
• Rare 10-Year Coles Net Lease
• 100% Leased Neighbourhood Centre
• 20,858 sqm* Landholding

Teska Carson and Stonebridge Property Group are delighted to exclusively present for sale Cobblebank Village, a trophy Coles net lease-anchored neighbourhood shopping centre positioned within the emerging Cobblebank Metropolitan Activity Centre in Melbourne’s fastest-growing municipality.

The key highlights of the opportunity include:

- High-performing full-line Coles supermarket secured by a rare 10-year net lease to October 2033, with 10 further five-year options

- 100% leased to an everyday-needs tenancy mix comprising Coles, Jetts Fitness, 15 specialty retailers, two kiosks and an ATM, with a WALE of 5.4 years by income

- Substantial 20,858 sqm* landholding with frontage to three streets and convenient access

- Average specialty gross rents of $745/sqm, 34% below the Urbis benchmark**, providing significant rental reversion potential as the precinct matures

- Strategically positioned within the emerging Cobblebank Metropolitan Activity Centre, approximately 150 m* from Cobblebank Station and supported by more than $1 billion in surrounding infrastructure investment

- Located within the City of Melton, Melbourne's fastest-growing municipality, forecast to increase its population by 79% between 2026 and 2046^

- Main Trade Area population forecast to grow by 81% to 2041, with retail expenditure forecast to increase by 6.9% p.a.^^ over the same period

- Estimated net operating income of $2.65 million per annum*

Cobblebank Village is offered for sale via Expressions of Interest closing Thursday 5 November 2026 at 5:00pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Teska Carson and Stonebridge Property Group.
 
Teska Carson Agents:

Michael Ludski
0419 020 203

Matthew Feld
0415 803 348

Stonebridge Agents:

Justin Dowers
0438 098 805

Kevin Tong 汤聪瑜
0422 848 818

*Approximately
**Urbis, 2025
^Forecast.id
^^Macroplan, 2026