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Albury, NSW 2640
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Exceptional Sub-regional Investment Opportunity
• Dominant sub-regional shopping centre, anchored by Coles and Kmart
• Convenience and dining destination located within the heart of the Albury CBD and offering the only food court within the CBD driven by the substantial surrounding worker base
• Major tenants account for 65% of GLA, providing exceptional income security
• Outstanding and tenancy mix with major, national and chain retailers representing 95% of GLA and 89% of gross rent
• Thriving local economy – Albury-Wodonga is a regional economic hub with a combined resident population of 92,000 and GRP of $6.4bn, supported by 43,000 local jobs, driven by sectors that include agriculture, manufacturing, healthcare, construction, retail and public administration*
• Exceptional TTA growth of 1.4% p.a., forecast to reach 114,650 by 2027, or an additional 14,990 residents, double the non-metro NSW benchmark*
• Significant TTA retail expenditure of $1.4bn, with strong forecast growth of 3.8% p.a., expected to reach $2.1bn by 2027*
West End Plaza forms part of the Major Australian Shopping Centre Portfolio, comprising 14 high-quality, sub-regional and neighbourhood shopping centre investments
For sale in one line or individually by EOI closing Thursday 23 August at 12 noon (AEST)
All figures above are approximate only
*Urbis, June 2018
• Convenience and dining destination located within the heart of the Albury CBD and offering the only food court within the CBD driven by the substantial surrounding worker base
• Major tenants account for 65% of GLA, providing exceptional income security
• Outstanding and tenancy mix with major, national and chain retailers representing 95% of GLA and 89% of gross rent
• Thriving local economy – Albury-Wodonga is a regional economic hub with a combined resident population of 92,000 and GRP of $6.4bn, supported by 43,000 local jobs, driven by sectors that include agriculture, manufacturing, healthcare, construction, retail and public administration*
• Exceptional TTA growth of 1.4% p.a., forecast to reach 114,650 by 2027, or an additional 14,990 residents, double the non-metro NSW benchmark*
• Significant TTA retail expenditure of $1.4bn, with strong forecast growth of 3.8% p.a., expected to reach $2.1bn by 2027*
West End Plaza forms part of the Major Australian Shopping Centre Portfolio, comprising 14 high-quality, sub-regional and neighbourhood shopping centre investments
For sale in one line or individually by EOI closing Thursday 23 August at 12 noon (AEST)
All figures above are approximate only
*Urbis, June 2018
Property ID: 502873454Last Updated: 16 Oct 2018
02 9220 85...
Address available on request
Albury, NSW 2640
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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