Woolworths Coffs Harbour 5-7 Park Avenue,
Coffs Harbour, NSW 2450
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Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
04020793...
Woolworths Coffs Harbour 5-7 Park Avenue
Coffs Harbour, NSW 2450
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Strong performing Woolworths supermarket paying percentage rental occupying a prominent Coffs Harbour CBD site
- 100% ‘essential services’ income
- 4,243sqm full-line Woolworths with BWS
- Strategic 4,464sqm CBD site
Woolworths Coffs Harbour is located on the mid-north coast of NSW and is strategically positioned between Sydney and Brisbane. Coffs Harbour is an established regional city with a strong local economy and is one of NSW’s top tourist destinations. The Centre occupies a prominent CBD site and features exposure to the Pacific Highway.
The Main Trade Area (MTA) population is currently estimated at 21,520 and is projected to increase to 24,830 persons by 2036, representing an average annual growth rate of 1.0%. This is double the non-metro NSW average growth rate of 0.5% per annum. The MTA is home to a predominately family demographic as well as retiree population, both which underpin non-discretionary spending.^
Woolworths Coffs Harbour is the ultimate defensive investment with a 100% non-discretionary, ‘essential services’ income and a rare 20 year net lease structure with 5 x 5 year options remaining, secured by a top 10 ASX company paying percentage rent.
Note:
- * Urbis 2019 Benchmark (Single Supermarket Shopping Centres)
- ^ Location IQ Trade Area Report 2020
The Main Trade Area (MTA) population is currently estimated at 21,520 and is projected to increase to 24,830 persons by 2036, representing an average annual growth rate of 1.0%. This is double the non-metro NSW average growth rate of 0.5% per annum. The MTA is home to a predominately family demographic as well as retiree population, both which underpin non-discretionary spending.^
Woolworths Coffs Harbour is the ultimate defensive investment with a 100% non-discretionary, ‘essential services’ income and a rare 20 year net lease structure with 5 x 5 year options remaining, secured by a top 10 ASX company paying percentage rent.
Note:
- * Urbis 2019 Benchmark (Single Supermarket Shopping Centres)
- ^ Location IQ Trade Area Report 2020
Coffs Harbour, 2450 demographic data
The median household income for Coffs Harbour is $1,231, 14% lower than Regional New South Wales's household income of $1,434. Coffs Harbour has a similar age profile compared to the rest of Regional New South Wales (median age 43). Property ownership data shows 41% of property owners in Coffs Harbour have a mortgage.
27,089
Population
$1,231 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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