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Colliers - Sydney

169-179 Meadows Road Mount Pritchard, NSW 2170

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169-179 Meadows Road,
Mount Pritchard, NSW 2170

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0418 *** ***
Colliers - Sydney
169-179 Meadows Road
Mount Pritchard, NSW 2170
Colliers - Sydney

Colliers - Sydney

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

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Premium Sydney Metro Food Based Centre Investment

  • Premium Food Based Centre Investment
  • Complex of 6 shops - 100% leased
  • Multi tenanted retail & food tenancy mix
Colliers International is excited to offer for sale a premium Sydney Metro retail centre anchored by Red Rooster and Domino’s head company leases.

Investment highlights;

- Refurbished retail complex of 6 shops
- Weighted Average Lease Expiry (WALE) by income: 7 years
- Multi tenanted retail & food tenancy mix, anchored by Red Rooster and Domino’s head company leases to 2027 plus options
- 86% of income secured by Red Rooster and Domino’s Pizza
- Site area 2,006sqm with 47 metre frontage
- High profile location, near the intersection of Elizabeth Drive and Meadows Road. Adjacent to 7-Eleven & BWS

The property is located within the South-West growth corridor – the fastest growth region identified by the New South Wales Government to help accommodate Sydney’s future population growth over the next 25-30 years and is planned to include precincts containing some 110,000 new dwellings (or some 300,000 persons) once completed.

- Zoned B1 Neighbourhood Centre under Fairfield LEP 2013
- 100% leased with a current net passing income of $337,524 per annum
- Strong rent reviews ranging from 3% up to 5% annually

The property is for sale by way of Public Auction as a part of the Colliers International National Premium Auction Portfolio to be held on Wednesday 6 March 2019 at 10:30am (AEDT).

Property ID: 503098306Last Updated: 15 Jun 2021

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Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
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Harry Bui

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Harry Bui
Colliers - Sydney
169-179 Meadows Road Mount Pritchard, NSW 2170

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

Kind Regards,

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