Stork Davies acts on $10M sale of Collie Central Shopping Centre

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Stork Davies Legal Advisors is pleased to have acted for a private seller on the $10M divestment of Collie Central, a neighbourhood retail shopping centre occupying a substantial landholding and positioned in the centre of Collie.

The centre is the only enclosed mall shopping centre in the town of Collie, and is anchored by a full-line Woolworths supermarket which has been trading at the site for approximately 20 years.

The sale was undertaken via an EOI process through joint selling agents JLL and Lease Equity, and settled on 30 April 2024.

The Stork Davies team, Shannon Davies and Travis Colli, were delighted to work closely on this sale with the seller and its representatives over the course of the approximately 11-month transaction lifecycle.