MAAS Group is selling The Village Southlakes, a brand-new neighbourhood centre anchored by Coles and Liquorland, located within Dubbo’s south-east growth corridor in NSW.

Sebastian Fahey and David Mahood of JLL Retail Investments have been exclusively appointed to manage the expressions of interest campaign, which opened in August.

The centre forms part of the Southlakes master-planned estate, which will ultimately comprise approximately 1900 dwellings. The neighbourhood centre is the only convenience centre currently planned for the Dubbo South residential precinct.

Anchored by a new 10-year lease to Coles and Liquorland commencing 2026 with options extending to 2066, the centre serves Dubbo’s fast-growing south-east community. Other tenants include The Reject Shop, Priceline Pharmacy and 19 specialty retailers. The centre is said to deliver a defensive income stream of $3 million per annum, supported by a weighted average lease expiry of 8.4 years by area.

“The Village Southlakes represents only the third opportunity in the last five years to acquire a brand new full-line supermarket centre in regional NSW,” says Sebastian Fahey, Senior Associate of Retail Investments at JLL.

“The newly opened Coles and Liquorland anchor deliver a decade of income security through a long term 10-year lease.”

The centre occupies a 24,200sqm corner site at Stream Avenue and Boundary Road, 5.5 kilometres from Dubbo’s CBD. It provides 317 at-grade car spaces and access to the Mitchell and Newell Highways, serving an immediate catchment that includes over 1000 new homes currently under construction.

This growth is supported by over $20 billion in committed infrastructure investment across the Central-West Orana region. Major projects include the large-scale Renewable Energy Zone, the $558 million Dubbo Hospital redevelopment, and the $263 million Newell Highway upgrade.

“The Village Southlakes represents MAAS Group’s commitment to delivering premium amenity to regional communities,” says MAAS Group CEO Wes Maas.

“As Dubbo’s newest shopping centre since 2010, this purpose-built development provides essential retail services at the heart of the region’s largest master-planned estate.

“We’re proud to have created a centre that will serve the Dubbo community for generations to come, positioned within a precinct that will ultimately deliver thousands of new homes.”