Karingal Hub

Retail

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Sub regional shopping centre with over 100+ stores in Frankston, Victoria

Leasing opportunities

Overview

GLA
49,700 sqm
Sector
Retail
Grade
Sub regional centre
Fund ownership stake
100%
Redeveloped
2021
Asset composition
Four majors, cinema and over 100+ retailers

Redeveloped retail, community and foodie hub

Karingal Hub is a thriving sub-regional shopping centre in Melbourne’s south-east, anchored by Big W, Woolworths, Coles, ALDI and Village Cinemas. A 2021 redevelopment has redefined the retail experience, introducing a vibrant market-style fresh food precinct with more than 15 specialty retailers, including a soon-to-be opened 750 square metre Henry’s Mercado grocer and deli. The fresh food offering is underpinned by newly designed Coles and ALDI stores, all conveniently located in one precinct.

Complementing these offerings is a vibrant mix of over 100 fashion and lifestyle retailers, including mini majors TK Maxx, Cotton On and Athletes Foot. A revitalised Town Square and dining precinct sits at the heart of the centre, creating a vibrant community destination for locals and visitors alike.

Strategically located at the gateway to the Mornington Peninsula, just 60 kilometres from Melbourne’s CBD, Karingal Hub is well-placed to benefit from the region’s sustained growth. It’s home to the only Big W on the Peninsula and serves a trade area catchment of over 200,000 residents, where 45% of the population are families. The main trade area is forecast to grow at 1.3% per year while household incomes average over $104,000 per annum*. These fundamentals, combined with strong retail performance and a diverse offer, position Karingal Hub well for the future.

*Source: Location IQ, 2022.

Location

Karingal Hub, 330 Cranbourne Rd, Frankston

View on Google Maps

Asset details

Additional information
Location Karingal Hub, 330 Cranbourne Rd, Frankston
Car Parks 2,380
EV Chargers 8
Majors Woolworths, Big W, Coles, Aldi, Village Cinemas

Data as at November 2025

Contact us

Leasing enquiries

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Leasing enquiries

Jaycen Willox

Leasing Executive

Property enquiries

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Property enquiries

Fiona Grogan

Regional Asset Manager

Client enquiries

Melissa Hillebrand

Client enquiries

Melissa Hillebrand

Director, Investor Relations

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