Vale Town Centre
Asset Value
$13 million
Site Acquisition
October 2014
Development Approval
March 2012
Construction Completion
March 2013
Heritage Architect
Griffiths Architects
Anchor Tenants
IGA
The Vale Town Centre is approximately 22 kilometres north east of Perth CBD in the burgeoning suburb of Aveley. As the first retail centre within Stockland’s Vale masterplanned community, the modern centre is anchored by Supa IGA, IGA Liquor, and features 14 specialty stores – servicing Aveley’s growing population.
ADC acquired and developed the property in joint venture with Stockland and oversaw retail planning and asset management on behalf of the ownership group prior to facilitating its sale in 2014 with a strong yield.