Eastgate Bondi Junction, 71-85 Spring Street,
Bondi Junction, NSW 2022
Shops & Retail
Key property information
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JLL - Sydney
Level 27, 180 George StreetSYDNEY, NSW 2000
Eastgate Bondi Junction, 71-85 Spring Street
Bondi Junction, NSW 2022
Map of Eastgate Bondi Junction, 71-85 Spring Street
Trophy Sydney Eastern Suburbs Retail Centre
- Trophy eastern suburbs retail centre
- Coles, Kmart, Aldi, Dan Murphy's
- One of Sydney's best parking provisions
Stonebridge Property Group and JLL are pleased to present for sale Eastgate Bondi Junction, the premier convenience offering in the epicentre of Sydney’s Eastern Suburbs.
The key highlights of the opportunity include:
- Dominant convenience based sub-regional shopping centre with over 50% of gross rent secured to Coles, Kmart, Aldi & Dan Murphy’s
- Trophy Sydney Eastern Suburbs location in one of Australia’s most successful retail precincts, 5km* to Sydney CBD & 150m* to Bondi Junction bus & train station
- Huge precinct draw co-located with and complementary to Westfield Bondi Junction, servicing a large and affluent Main Trade Area of 424,180 residents¹
- Outstanding turnover performance, generating over $100 million in major tenant turnover and specialty tenant productivity of $15,701/sqm², 86% above Urbis benchmarks*
- Strong income growth profile, including Coles trading in excess of turnover rent threshold²
- Outstanding outgoings recovery profile, including statutory cost recovery from major tenants
- Superior parking convenience - one of Sydney’s best parking provisions, with 887 spaces³ (6 spaces per 100 sqm GLAR*).
- Estimated Fully Leased Net Operating Income of $7.8 million* p.a. as at 31-Dec-23
1 Location IQ
2 Aug-23 MAT. Productivity including GST
3 Including both Centre & Waverley Council car parking
* Approximate
Eastgate Bondi Junction is for sale via Expressions of Interest, closing Wednesday 15th November 2023 at 4:00 pm (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group or JLL.
The key highlights of the opportunity include:
- Dominant convenience based sub-regional shopping centre with over 50% of gross rent secured to Coles, Kmart, Aldi & Dan Murphy’s
- Trophy Sydney Eastern Suburbs location in one of Australia’s most successful retail precincts, 5km* to Sydney CBD & 150m* to Bondi Junction bus & train station
- Huge precinct draw co-located with and complementary to Westfield Bondi Junction, servicing a large and affluent Main Trade Area of 424,180 residents¹
- Outstanding turnover performance, generating over $100 million in major tenant turnover and specialty tenant productivity of $15,701/sqm², 86% above Urbis benchmarks*
- Strong income growth profile, including Coles trading in excess of turnover rent threshold²
- Outstanding outgoings recovery profile, including statutory cost recovery from major tenants
- Superior parking convenience - one of Sydney’s best parking provisions, with 887 spaces³ (6 spaces per 100 sqm GLAR*).
- Estimated Fully Leased Net Operating Income of $7.8 million* p.a. as at 31-Dec-23
1 Location IQ
2 Aug-23 MAT. Productivity including GST
3 Including both Centre & Waverley Council car parking
* Approximate
Eastgate Bondi Junction is for sale via Expressions of Interest, closing Wednesday 15th November 2023 at 4:00 pm (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group or JLL.
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Bondi Junction, 2022 demographic data
10,361
Population
$2,379 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Stonebridge Property Group - SydneyLevel 7, 14 Martin Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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