ShellHarbour
Shellharbour is one of the fastest-growing areas in the whole of Australia. The population in the Shellharbour local government area is predicted to rise by about 15,000 persons over the next decade.

The amenity of the area is highly appealing. To the east is a new marina development and ocean beaches. To the north and northwest is Lake Illawarra. To the south is the Minnamurra Nature Reserve. To the southwest is a new development of 15,000 dwellings at Albion Park.

The major shopping centres such as Shellharbour Square and the nearby Shellharbour Supa Centre are dominated by major players such as Stockland. These major players tend to squeeze as much out of their tenants as they can possibly get and this is creating significant demand for areas not dominated by the major players.

The lease profile should generate security in the short to medium term. During this period, the dynamics of the area will improve significantly. For example, the completion of other surrounding developments, should change the area from an immature and underdeveloped centre, to a young and dynamic completed centre.  Our core tenants are Subway, Kings Eye-ware, Suncorp, Kiama Council, and professional legal and accounting firms form a solid foundation to building our tenant profile.