Settlement City
Settlement City is anchored by Woolworths, Big W (one of only two full-line discount department stores within the total trade area), along with specialty retail and non-retail offerings. The centre is a sub-regional shopping centre with quality finishes, strong tenant performance, and excellent customer amenities. The site spans 4.9 hectares and offers potential for long-term mixed-use development, leveraging its irreplaceable foreshore location in Port Macquarie.
The Centre benefits from its position in the heart of Port Macquarie and its expansive catchment, servicing over 80,000 residents across a 60km radius. Settlement City is integrated with the Port Macquarie RSL and adjacent large-format retail, providing additional foot traffic and a centralised retail precinct. The Centre is easily accessible by car and supported by 1,076 car bays, while local bus services connect the centre to surrounding suburbs and the broader mid-north coast region.
Settlement City also benefits from strong population and tourism growth in the region, including sea-change migration and an increase to approximately 3 million domestic visitors. This, combined with a growing residential base including the Sovereign Hills development and other nearby land subdivisions, supports ongoing retail expenditure and long-term asset performance.
Sub Regional
48,891
70
19,554
1,085
Tenants Include:
Centre Enquiries
Leasing
lewis@fawknerproperty.com.au, holly@fawknerproperty.com.au
Commercial Partnerships
abby.eakin@cbre.com
Property and General Enquiries
settlement.reception@cbre.com
IMPORTANT INFORMATION
Fawkner Property Ltd (ABN 49 147 265 281) holds an Australian Financial Services Licence (No. 437334) that authorises it to operate registered managed investment schemes. Where you are considering making investments in Fawkner products and services you should obtain a copy of the relevant target market information (TMD) for the fund that you are interested in. If after reading the TMD you would like to obtain further information you can contact us at info@fawknerproperty.com.au or by calling (03) 9856 4577. All product material is prepared based on the information we have available at the time and while all care has been taken in preparation any forecasts, opinions and estimates provided are based on assumptions, contingencies and market conditions which are subject to change without notice, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct, and should not be relied upon as an indication of future performance. Past performance is not a reliable indicator of future performance. Distribution forecasts are subject to the risks outlined in the product information material and distributions may vary in the future. Fawkner is not responsible for providing updated information to any person. If you are considering an investment in any fund (or deciding to continue to hold units in any fund) you should read the product material and consider all available information in relation to the offer, in particular information on the benefits and features of the relevant fund and the risks of, and fees and costs associated with, investing in a fund. Any investment is subject to risk, including possible delays in payment and loss of income and principal. Neither Fawkner, nor any of its associates, related entities or directors guarantee the performance of any investment or the repayment of monies invested. Fawkner will receive fees for operating its funds, in accordance with the relevant fund constitution. Related entities may also receive fees for managing the assets of, and providing resources to funds some of which are based on the value of a fund's assets. For more detail on fund fees, see the offer document for the relevant fund. You should read the offer document for a description of the risks associated with investing in a fund. You should read the TMD for a description of the target market for the fund.
