First Choice Liquor Market, 52-58 Maroubra Road,
Maroubra, NSW 2035
Shops & Retail • Showrooms & Large Format Retail • Hotel, Motel & Leisure
Key property information
Land area
Floor area
Property extent
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
First Choice Liquor Market, 52-58 Maroubra Road
Maroubra, NSW 2035
Map of First Choice Liquor Market, 52-58 Maroubra Road
Freestanding Sydney Coles Group Investment
- New long-term lease to Coles Group
- Blue-chip $23 billion tenant
- Sydney Eastern Beaches growth location
Single, long-term, passive income stream from top tier tenant.
First Choice Liquor Market: Wholly owned subsidiary of Coles Group (ASX: COL) one of Australia’s top retailers with FY2021 sales of $39.6 billion.**
Coles liquor, a blue-chip network of 929 First Choice Liquor Market, Liquorland and Vintage Cellars stores across Australia.
Important freestanding 1,892sqm* site in a popular Eastern Beaches suburb with a trade catchment population of 256,612 within a 5km radius.***
Long established liquor store with recent, tenant-funded upgrade with 21 on-site car spaces.
Significant and strategic site on Maroubra Road within the burgeoning Maroubra CBD, within 750 metres of Westfield, Coles, Aldi, McDonald’s, KFC and the $3 billion Meriton Development.****
Brand new 5-year lease plus 8 x 5-year options.
Annual, fixed compounding 2% rent increases, ensuring certain rental growth.
Coles Group responsible for Land Tax (single holding) Council Rates, Water Rates, Public Liability Insurance and repairs and maintenance.
Booming pocket of the Randwick City Council with 16.4% forecast population growth 2031.***
Estimated net rent: $348,467 pa
For Sale by Investment Portfolio Auction
11am (AEDT) Tuesday 9 November 2021
** Coles Group
*** Gap Maps
**** Sydney Morning Herald
First Choice Liquor Market: Wholly owned subsidiary of Coles Group (ASX: COL) one of Australia’s top retailers with FY2021 sales of $39.6 billion.**
Coles liquor, a blue-chip network of 929 First Choice Liquor Market, Liquorland and Vintage Cellars stores across Australia.
Important freestanding 1,892sqm* site in a popular Eastern Beaches suburb with a trade catchment population of 256,612 within a 5km radius.***
Long established liquor store with recent, tenant-funded upgrade with 21 on-site car spaces.
Significant and strategic site on Maroubra Road within the burgeoning Maroubra CBD, within 750 metres of Westfield, Coles, Aldi, McDonald’s, KFC and the $3 billion Meriton Development.****
Brand new 5-year lease plus 8 x 5-year options.
Annual, fixed compounding 2% rent increases, ensuring certain rental growth.
Coles Group responsible for Land Tax (single holding) Council Rates, Water Rates, Public Liability Insurance and repairs and maintenance.
Booming pocket of the Randwick City Council with 16.4% forecast population growth 2031.***
Estimated net rent: $348,467 pa
For Sale by Investment Portfolio Auction
11am (AEDT) Tuesday 9 November 2021
** Coles Group
*** Gap Maps
**** Sydney Morning Herald
Maroubra, 2035 demographic data
The median household income for Maroubra is $2,141, 3% higher than Greater Sydney's household income of $2,077. Maroubra has an older age profile compared to the rest of Greater Sydney (median age 39 vs 37). Property ownership data shows 43% of property owners in Maroubra have a mortgage.
30,722
Population
$2,141 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
CBRE - NSWLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Contact Agency