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Stonebridge Property Group - Sydney

39 William Street Bathurst, NSW 2795

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39 William Street,
Bathurst, NSW 2795

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Stonebridge Property Group - Sydney
Alex James-Elliott
Philip Gartland

Stonebridge Property Group - Sydney

Level 7, 14 Martin Place
SYDNEY, NSW 2000
Stonebridge Property Group - Sydney
39 William Street
Bathurst, NSW 2795

Map of 39 William Street

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BATHURST CHASE SHOPPING CENTRE, NSW

  • Strong performing neighbourhood centre
  • Bathurst CBD 11,710sqm freehold site
  • Highly productive Coles supermarket
CBRE and Stonebridge are pleased to present to market Bathurst Chase Shopping Centre – an outstanding opportunity to acquire a strongly performing convenience and service focused neighbourhood shopping centre located within the Bathurst CBD.

EXPRESSIONS OF INTEREST CLOSE BY 12PM (AEDT), WEDNESDAY 5 APRIL 2023.

- Highly productive supermarket, being the only Coles within the Bathurst region, secured on a rare net lease with a further 2 x 10 year options
- Prime location – positioned in the heart of the Bathurst CBD, with excellent exposure to the main retail precinct along William Street
- Exceptional income security – with 66% of gross income leased by the ASX listed Coles Group (i.e. Coles & Liquorland)
- In-built rental income growth profile, all specialties subject to annual CPI or fixed reviews, with Coles contributing percentage rent, providing strong income growth prospects
- Strong regional economic hub – Bathurst is one of the largest and fastest growing regional cities in NSW, retail expenditure forecast to reach $1.34 billion by 2041 (+3.7% p.a.)
- Established trade area population of 43,850 residents, forecast to grow by 1.3% p.a. (almost double the NSW non-metro average) to reach 56,170 by 2041
- Immediate value-add and income enhancement opportunities via active leasing and management initiatives
- $1.5 million fully leased net operating income

James Douglas - +61 419 973 2...
Joe Tynan - +61 422 050 3...
Michael Hedger - +61 488 059 009
Philip Gartland - +61 403 582 3...
Alex James-Elliott - +61 407 651 3...

Property ID: 504423536Last Updated: 30 Nov 2023

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