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144 Maryland Drive Maryland, NSW 2287

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144 Maryland Drive,
Maryland, NSW 2287

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Convenience Centre with Significant Repositioning Potential

  • One mini-major, six specialities and one
  • 4.985sqm (approx.) GLA
  • Total site area - 1.39ha (approx.)
Maryland Shopping Centre is a convenience centre occupying a high profile 1.39ha (approx.) corner site in the heart of Maryland, a major residential growth corridor located approximately 12km north-west of the Newcastle CBD and approximately 157km north of the Sydney CBD.

Maryland's Main Trade Area is estimated at 12,900 persons in 2016, including 8,230 persons in the Primary Trade Area, while retail spending is forecast to grow by 4.8% per annum to 2031 (Location IQ).

The Centre provides a significant repositioning opportunity comprising approximately 4,985sqm (approx.) of single level retail accommodation providing a former supermarket tenancy of 2,814sqm (approx.), one mini-major as well as six speciality shops and one ATM. There are also 180 at-grade car parks.

- One mini-major, six specialties and one ATM
- Total site area 1.39ha (approx.)
- Fully leased NOI $985,322 (approx.)
- MTA growing to 15,880 persons by 2031
- 4,399 residential lots being released/developed

For Sale by Expressions of Interest closing 12pm Tuesday 7 March 2017.

For further information, please contact the Exclusive Selling Agents Stonebridge Property Group and Colliers
International.

Property ID: 502259206Last Updated: 8 May 2017

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144 Maryland Drive
Maryland, NSW 2287
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
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