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Colliers - Sydney

1 Vivian Street Inverell, NSW 2360

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1 Vivian Street,
Inverell, NSW 2360

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

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Colliers - Sydney
James Wilson
James Cowan

Colliers - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
Colliers - Sydney
1 Vivian Street
Inverell, NSW 2360

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Modern Discount Department Store Secured by Woolworths Limited

  • $1,657,907 per annum net income
  • Secure Woolworths Limited Covenant
  • Double digit yield
Colliers International is excited to present a rare opportunity to acquire a dominant freestanding discount department store anchored by an ASX top 10 covenant featuring attractive double digit returns.

Key investment highlights include:

- Huge 10,200sqm* of favourable B2 Local Centre land
- Modern building of 7,869sqm* built in 2010
- Anchored by Big W, a Woolworths secured covenant
- Situated within Inverell Town Centre, a large and growing regional town
- Adjacent to ‘full line’ Woolworths and Coles Supermarkets
- Approx. 125km to nearest competing discount department store (Target Country Inverell planned for closure November 2019)
- Strong moving annual turnover (MAT)
- Passing Net Income of $1,657,907 per annum anchored by Big W
- Weighted Average Lease Expiry of 8.29 years

Big W Inverell will be sold via an Expressions of Interest campaign closing 16 October 2019.

For further information please contact the exclusive listing agents.

*Approx.

Property ID: 503342954Last Updated: 11 Mar 2022

Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
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