The Reject Shop, 290-300 Argyle Street,
Moss Vale, NSW 2577

Stonebridge is pleased to present ‘The Reject Shop Moss Vale (Southern Highlands)’ for sale via Expressions of Interest closing

The asset has the following key investment features:

- Secure commercial investment with 62%* of income tied to ASX-listed tenants, anchored by long 8 year lease to 2029 and delivering sustained income growth via fixed 3% annual increases

- The Reject Shop – Longstanding ASX-listed retailer operating since 1981, representing one of the fastest growing discount department stores with 380+ locations nationally

- Significant 2,033 sqm* landholding boasting valuable ‘E1 Local Centre’ zoning in thriving retail strip, directly opposite strong performing supermarket and train station, plus 8 at-grade carparks

- Ideal position in thriving town centre, with 62m* dual street frontage to Illawarra Highway (15,375+ vehicles daily*) and Clarence Street, Moss Vale’s tightly held retail core

- Substantial 1,375 sqm* lettable area set across complementary retail and commercial tenancies, surrounded by national retailers including Coles, ALDI, IGA, BWS, Subway & more

- Moss Vale – Situated just 90 mins from Sydney CBD, Moss Vale represents Southern Highland’s fastest growing suburb, with population forecast to boom 22%+ by 2041*, buoyed by 123ha* ‘Ashbourne Estate’ master planned development (1,200+ new dwellings*)

- Southern Highlands – Popular, affluent residential enclave & picturesque tourism destination with $3.4 Bn* economy

- Net Income $418,666 pa* + GST

‘The Reject Shop Moss Vale (Southern Highlands)’ is for sale via Expressions of Interest closing Thursday 5 September 2024 at 3pm (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1000