Meadow Mews Plaza

Anchor Tenants:

Coles

Centre Overview

Meadow Mews Plaza is a single-level neighbourhood shopping centre located in the heart of the King Meadows mixed commercial business precinct, 5km south of the Launceston CBD. It is Launceston’s largest suburban shopping centre with a GLA of 7,668 sqm. The centre is anchored by Coles with 31 specialty stores. The tenancy mix features a range of fashion,  banking services, pharmacy, newsagency, post office,  bakery, butcher, and other services. On-grade parking is provided for 376 cars.

Location details

The centre is situated on Hobart Road, a sub-arterial road and only a 10km drive to Launceston Airport. The centre services the surrounding suburbs of Kings Meadows, Punchbowl, Norwood, and Youngtown.  The area features a number of schools, residential developments, nature reserves, a golf club, and a mixed-use technopark.

Property Summary

Centre Type
Neighbourhood
Centre GLA sqm
7,666
Anchor tenants
Coles
No. of specialities
32
Valuation
$75.3m
Cap rate
5.75%
Occupancy rate
98%
WALE (years)
3.5