Media release 5 June 2024

Eglinton Village Shopping Centre is one step closer as Woolworths' development arm purchases Cedar

Woods land

Award winning property developer Cedar Woods is excited to announce that it has accepted an unconditional contract from Fabcot Pty Ltd, the in-house property division of Woolworths Group, for the sale of two hectares of shopping centre land at Eglinton Village.

Cedar Woods received approval from the City of Wanneroo to expand the commercial site from its original one hectare size into a larger neighbourhood sized site, that when complete, will likely be anchored by a Woolworths supermarket and supported by retail and specialty stores of differing sizes and uses.

The shopping centre site, located on the corner of Marmion Avenue and Imperial Entrance, will be adjacent to the proposed feature park at Eglinton Village and in walking distance to the Eglinton Train Station and future Primary School

Fabcot will be responsible for gaining development approval and for the construction and development of the site with timing of completion to be determined.

Cedar Woods WA State Manager, Ben Rosser said, "We are delighted to have facilitated the sale of the land with Fabcot who, with their extensive experience in owning, developing, and managing shopping centres, will no doubt provide quality retail amenities the Eglinton Village residents and surrounding community can enjoy"

"Our vision for Eglinton Village has always been to create a thriving 'village' style community where residents have convenient access to shops, schools, and public transport. With the Eglinton train station opening just 500 metres from the estate in July 2024, Eglinton Village has a lot to offer its residents."

The Eglinton Village Shopping Centre will cater to the needs of Perth's rapidly growing northwest corridor, with the population in Eglinton alone expected to more than triple to over 24,000 residents by 2046.

Eglinton Village is envisioned to be a truly modern village connected to amenity, open spaces, education and the pristine coastline of the northern beaches with walkability a priority in its design.

For more information and details on land for sale, visit eglintonvillage.com.au

ENDS

About Cedar Woods

Established in Perth in 1987, Cedar Woods has grown to become one of the country's leading developers. From urban subdivisions, medium to high-density apartments and town homes, to retail and commercial developments, Cedar Woods epitomises a long-standing commitment to quality, and creating

vibrant communities where people live, work and thrive.

Media enquiries: Ashleigh D'Alessandro Morrow Sodali 0417 212 524

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Cedar Woods Properties Limited published this content on 05 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2024 05:21:02 UTC.