Westfield Marion is the largest and the only super regional shopping centre in South Australia, with approximately 1.5 million sq ft of Gross Lettable Area (“GLA”). The freehold property which sits on a land parcel of approximately 2.5 million sq ft, is strategically located approximately 10.0 kilometres south west of Adelaide’s Central Business District “CBD”). Westfield Marion offers a large and well segmented precincts of entertainment, fresh food, and dining; supported by a high quality tenant base including leading national retailers like David Jones, Myer, Harris Scarfe, Target, Kmart, Big W, Bunnings Warehouse, Coles, Woolworths, Aldi and Events.
Westfield Marion is located in a highly accessible location which is bound by three major thoroughfares and arterial roads in Diagonal Road, Sturt Road and Morphett Road, extending greater access to shoppers beyond its usual catchment. Westfield Marion is also located next to the Oaklands Train Station, connecting it with Adelaide’s CBD and the southern coastline via multiple train lines.
The table below sets out a summary of selected information on Westfield Marion as at 1 August 2019(valuation date):
|Property type||Retail and office|
|GFA (sq ft)||1,470,662|
|Committed occupancy (%)||99.3%|
|Number of tenants||327|