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CBRE - Sydney
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55 & 70 Norton Street Leichhardt, NSW 2040

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For Sale - Expression of Interest

55 & 70 Norton Street Leichhardt, NSW 2040

Shop & Retail
Sale Price

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Land area

1.21ha (2.99 acres)

Floor area

11751.0m²

Trophy Sydney-Metro Neighbourhood Shopping Centre

  • Strong performing Coles supermarket
  • Trophy Neighbourhood Shopping Centre
  • 3.4 million annual visitors
CBRE and Colliers International are pleased to offer for sale Norton Plaza and Norton Central, a trophy metropolitan neighbourhood shopping centre located just 6.5km from Sydney’s CBD.

The properties are the jewel in the crown of Leichhardt’s Norton Street thriving retail precinct and the Inner West. The properties boast unmatched fundamentals that are the epitome of non-discretionary convenience based retailing.

A number of key investment highlights are outlined below:

- Anchored by strong performing Coles supermarket (trading 36% above the benchmark) & Harris Farm Markets
- Unmatched flexibility over two titles, on 12,104 sqm of inner Sydney freehold land
- Convenient design over 11,751sqm of combined GLA and 364 car parks
- Highly affluent catchment, with per capita income levels 45% above the Sydney metro average
- Total Trade area expenditure forecast to grow by over $2 billion by 2031
- Ranked as one of the best performing shopping centres in Australia^
- Fully leased net income $8,701,000 pa

The properties are for sale by way of expressions of interest closing 2:00pm (AEST) on Thursday 25th July 2019.

For further information or to arrange an inspection, please contact the exclusive sales and marketing agents at Colliers International or CBRE.

*All figures are approximate only
^ Top 20 Mini Guns, Shopping Centres Australia

Property ID: 503240738Last Updated: 14 Aug 2019

CBRE - Sydney
55 & 70 Norton Street
Leichhardt, NSW 2040
Nick Willis
Sharon Yang

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000

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CBRE - Sydney

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CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
Colliers International - Sydney

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Colliers International - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
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Nick Willis

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Nick Willis
CBRE - Sydney
55 & 70 Norton Street Leichhardt, NSW 2040

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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