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Stonebridge Property Group - Sydney

300 Parramatta Road Auburn, NSW 2144

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300 Parramatta Road,
Auburn, NSW 2144

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Stonebridge Property Group - Sydney
Carl Molony

Stonebridge Property Group - Sydney

Level 7, 14 Martin Place
SYDNEY, NSW 2000
Stonebridge Property Group - Sydney
300 Parramatta Road
Auburn, NSW 2144

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Premium Retail Investment

Stonebridge and Colliers International are pleased to present for sale 300 Parramatta Road, Auburn, a premium large format retail investment located at the geographic heart of Sydney.

The key highlights of the opportunity include:
+ 5 premium tenancies featuring Officeworks, BCF and Decathlon
+ $11 million* redevelopment in 2018
+ 8.0 year WALE* by income
+ 727,350 people in the Primary Catchment, forecast to grow at 2% p.a. to 2026^
+ 1.8 hectare* high exposure corner site with 10.4 million* vehicles passing annually
+ 135 metre* frontage to Parramatta Road + 340* car spaces
+ $2.5 million* p.a. fully leased NOI + annual reviews

*Approximate ^Location IQ

300 Parramatta Road, Auburn is for sale by Expressions of Interest closing 4PM (AEDT) Thursday 21 November 2019.

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Auburn, 2144 demographic data

The median household income for Auburn is $1,533, 26% lower than Greater Sydney's household income of $2,077. Auburn has a younger age profile compared to the rest of Greater Sydney (median age 31 vs 37). Property ownership data shows 50% of property owners in Auburn have a mortgage.

39,333
Population
$1,533 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households
Colliers - Sydney West
Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

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