Warragul Lifestyle Centre

Fast Facts

The project: A game-changing addition to Warragul’s thriving Large Format Retail (LFR) precinct.
Location: Positioned alongside leading retailers and strategically located for maximum visibility, this development will cement Warragul as a key regional retail destination.
Gross Lettable Area (GLA): 13,705 m² on the corner of Queen Street and North Road, Warragul, VIC, across multiple retail and commercial tenancies.
Major Tenants: Dan Murphy’s, JB Hi-Fi, Officeworks, Anaconda, RSEA, Total Tools.
Trade Area Population: 104,030 (growing at 1.5% annually, 2025–2036).

Strong Population and Retail Growth

Acuity Development Group introduces the Warragul Lifestyle Centre. This is your opportunity to secure the final piece in Warragul’s dynamic lifestyle shopping precinct, offering unmatched growth potential in one of Victoria’s fastest-growing peri-urban communities.

Warragul Lifestyle Centre

Strategic Regional Hub

Located 95 km southeast of Melbourne, Warragul is part of the booming Baw Baw Shire, with excellent access via the Princes Highway.
Peri-urban areas like Warragul are increasingly favored by families and young professionals seeking affordable, high-quality living.

Strong Population and Retail Growth

Catchment area population expected to grow to over 120,000 by 2036.
Large Format Retail spending forecast to increase by 5.1% annually in the next decade.

Vibrant Retail Precinct

Positioned adjacent to the established Warragul Homemaker Centre and a future Spotlight development, the Lifestyle Centre is part of a high-traffic commercial zone.
Warragul’s retail precinct already draws customers from over 25 km in surrounding peri-urban and regional townships.

Project Highlights

Integrated Retail Offering. The Lifestyle Centre features:

Major Tenants: Dan Murphy’s, JB Hi-Fi, Officeworks, Anaconda, RSEA, and Total Tools.
Commercial Spaces: Over 3,700 m² for office or medical use.
Food & Beverage Options: A café (200 m²) and quick-service restaurant spaces.

Accessibility and Visibility

Two high-traffic entry points from Queen Street and North Road.
Significant exposure with 200 m frontage along Queen Street, adjacent to Princes Highway.

Economic Impact

Projected to generate $391.3 million in Large Format Retail spending within the trade area as of 2022, with strong growth expected.
Supported by a weighted average lease expiry (WALE) of 8.73 years by income, ensuring secure, long-term rental yields.

Centre Configuration

Total Tenancies: 9.
Key Breakdown:

Large Format Retail: 8,559 m² (62.5%).
Commercial (Office/Medical): 3,700 m² (27%).
Food & Beverage: 160 m² (1.2%).
Liquor: 1,285 m² (9.4%).

Parking: 347 spaces, designed for convenience and accessibility.

Financial Overview

Booming Catchment: Main trade area household incomes are 10% above the regional Victorian average, driving strong retail demand.
National Anchor Tenants: Reliable income streams with secure leases to top-tier retailers.
Retail Spend Growth: Annual expenditure in the catchment is projected to grow at 4.5% from 2025 to 2036.
High Demand for Large Format Retail: The completed precinct will dominate LFR shopping in the region.

By positioning itself as the final link in Warragul’s retail evolution, the Warragul Lifestyle Centre promises investors and tenants a robust, secure, and forward-looking opportunity.