Ballina Central, 44 Bangalow Road,
Ballina, NSW 2478
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of Ballina Central, 44 Bangalow Road
NON-DISCRETIONARY SUB-REGIONAL SHOPPING CENTRE
- 8.6 YEAR WALE*
- NET INCOME $3,370,501* P.A.
- MULTIPLE VALUE ADD OPPORTUNITIES
- Thriving NSW North Coast Regional Centre underpinned by a booming tourism industry & large MTA population 62,920* (Location IQ)
- Modern convenience based Sub-Regional Shopping Centre on 4.5ha in the dominant retail precinct and position
- Anchored by Big W, Supa IGA+Liquor, 2 Mini Majors, 20 specialties and 2 pad sites with 605* carparks
- Secure income profile with 79% (GLAR) leased to major tenants and a 8.6 year WALE*
- Non-discretionary focused specialty shops leased well below benchmark rents with average weighted rent reviews of 4.1% per annum
- Fully leased NOI of $3,370,501* p.a. with scope to capitalise on low specialty rentals and multiple value add options
*Approx.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 4PM THURSDAY 4 AUGUST 2016
- Modern convenience based Sub-Regional Shopping Centre on 4.5ha in the dominant retail precinct and position
- Anchored by Big W, Supa IGA+Liquor, 2 Mini Majors, 20 specialties and 2 pad sites with 605* carparks
- Secure income profile with 79% (GLAR) leased to major tenants and a 8.6 year WALE*
- Non-discretionary focused specialty shops leased well below benchmark rents with average weighted rent reviews of 4.1% per annum
- Fully leased NOI of $3,370,501* p.a. with scope to capitalise on low specialty rentals and multiple value add options
*Approx.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 4PM THURSDAY 4 AUGUST 2016
Property ID: 502021474Last Updated: 9 Feb 2024
07 3833 98...
Ballina Central, 44 Bangalow Road
Ballina, NSW 2478
CBRE - BrisbaneWaterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Contact Agency
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Lots 7, 8, 9 & 10 / 90-92 Ballina Street,Lennox Head, NSW 2478 170 - 867 m²Shops & Retail • Offices • Other
Contact Agent
Metro Petroleum, 323 River Street (cnr Brunswick Street),Ballina, NSW 2478 120 m²Shops & Retail • Showrooms & Large Format Retail
