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JLL - Brisbane

Griffith North Woolworths, 2-12 Burrell Place Griffith, NSW 2680

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Griffith North Woolworths, 2-12 Burrell Place,
Griffith, NSW 2680

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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JLL - Brisbane

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
07 3231 13...
JLL - Brisbane
Griffith North Woolworths, 2-12 Burrell Place
Griffith, NSW 2680

Map of Griffith North Woolworths, 2-12 Burrell Place

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Highly secure Woolworths anchored portfolio

JLL is pleased to exclusively present an opportunity to acquire three Woolworths Group anchored retail properties located in New South Wales (‘The Portfolio’). 

This Portfolio offers a secure and stable income and the potential for capital growth with the major anchor being Woolworths Group, trading as Woolworths supermarkets (two properties) and Dan Murphy’s (one property).

Key Investment Highlights of Griffith North Woolworths, NSW include:
• Secured by 15 year lease to Woolworths expiring in 2027 with 4 x 10 year options
• Guaranteed minimum 5% base rent review expected to occur every 5 years
• Woolworths trading well with MAT growth for the year to May 2019 being almost 9%. 
• Easy access with multiple ingress and egress to 110 at grade carparks via Burrell Place, Binya Street and Wakaden Street
• Well located close to local amenity including the Griffith North Public School approximately 1.1 kilometres to the north-east and the Griffith Railway Station 600 metres to the east
• Estimated Net income of $689,878pa* as at 30 September 2019
• Highly secure Woolworths anchored portfolio

The investment opportunity is being formally offered individually or in-one-line via an Expressions of Interest (‘EOI’) campaign closing 4pm (AEDST) Thursday 29 August 2019.

Property ID: 503269326Last Updated: 14 Feb 2020

JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
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