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Cushman & Wakefield - Sydney

125 Lakelands Drive Dapto, NSW 2530

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125 Lakelands Drive,
Dapto, NSW 2530

Shop & Retail • Showrooms & Large Format Retail • Other

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Cushman & Wakefield - Sydney

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
02 8243 99...
Cushman & Wakefield - Sydney
125 Lakelands Drive
Dapto, NSW 2530

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NSW South Coast - Non-Discretionary Retail Centre

  • ASX Listed & National Tenants
  • NSW South Coast Neighbourhood Centre
  • Net Income $199,298 + GST
Cushman & Wakefield is pleased to present to the market 125 Lakelands Drive, Dapto (Wollongong) for Sale via Auction.

The property has the following key characteristics:

- Leased to 2024 + options to 2034
- Endeavour Group Limited – ASX top 50 company with over 1,200 BWS liquor stores nationally
- IGA – Leading Australian chain of convenience supermarkets with over 1,400 locations nationally
- Rare affordable non-discretionary neighbourhood shopping centre underpinned by complimentary tenancy mix including national supermarket, liquor and newsagency
- Significant 3,966 sqm corner site with low site coverage offering further value-add potential
- Strategic shopping destination – Popular local grocery & liquor store within Dapto’s core residential precinct
- Over 30+ years as a bottle shop and newsagency
- Strong retail catchment in proximity to national retailers incl. 7-Eleven, McDonalds, Aldi, AMP owned Dapto Shopping Centre & Dapto Train Station
- Dapto – Highly sought after NSW South Coast location 15km to Wollongong CBD
- Net Income $199,298 + GST

The property is for sale by way of Cushman & Wakefield Investment Auction on Thursday 25 November at 11am AEDT. The Auction will be held at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney.

Prospective purchasers & interested parties will have access to remote bidding facilities in both Brisbane & Melbourne as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.

Please contact the exclusively appointed Cushman & Wakefield property professionals for more information.

Property ID: 503937670Last Updated: 25 Jan 2022

Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
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