Beecroft Place, 18 Hannah Street,
Beecroft, NSW 2119
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Stonebridge Property Group - Sydney
Level 7, 14 Martin PlaceSYDNEY, NSW 2000
Beecroft Place, 18 Hannah Street
Beecroft, NSW 2119
Map of Beecroft Place, 18 Hannah Street
A Contemporary Neighbourhood Centre, in the heart of Sydney's Affluent North Shore
- Neighbourhood centre with 10 year WALE*
- Woolworths on a 20-year lease
- 27 specialties and two kiosks
Stonebridge, in conjunction with Knight Frank, is pleased to present for sale Beecroft Place, a rare Sydney metropolitan neighbourhood centre with a 10 year WALE (by area).
The key highlights of the opportunity include:
- High quality neighbourhood centre constructed in 2017
- Sydney metro location, 100 metres* from Beecroft station and 22km* from the Sydney CBD
- Daily needs tenancy mix featuring Woolworths, 27 specialty shops (including Priceline, BWS and medical) and 2 kiosks over 5,474 sqm*
- Rare 20-year lease to Woolworths (plus 2x10 year options)
- Fixed 5% Woolworths rental uplifts every 5 years, with the next review due in Sep-22
- Outstanding 10 year WALE (by area)
- The only supermarket in the Main Trade Area of 32,870 people¹, with high barriers to entry
- Affluent catchment, with Primary Sector household incomes 52% above Sydney metro average¹
- Significant depreciation potential
- Fully leased NOI of $3.5 million p.a., with strong income growth potential
¹Location IQ
*Approx.
Beecroft Place is for sale by Expressions of Interest closing 5pm (AEST) Wednesday 13th April 2022.
For further information, please contact:
Carl Molony | Stonebridge Property Group | +61 439 032 0...
Graeme Russell | Knight Frank | +61 419 320 000
The key highlights of the opportunity include:
- High quality neighbourhood centre constructed in 2017
- Sydney metro location, 100 metres* from Beecroft station and 22km* from the Sydney CBD
- Daily needs tenancy mix featuring Woolworths, 27 specialty shops (including Priceline, BWS and medical) and 2 kiosks over 5,474 sqm*
- Rare 20-year lease to Woolworths (plus 2x10 year options)
- Fixed 5% Woolworths rental uplifts every 5 years, with the next review due in Sep-22
- Outstanding 10 year WALE (by area)
- The only supermarket in the Main Trade Area of 32,870 people¹, with high barriers to entry
- Affluent catchment, with Primary Sector household incomes 52% above Sydney metro average¹
- Significant depreciation potential
- Fully leased NOI of $3.5 million p.a., with strong income growth potential
¹Location IQ
*Approx.
Beecroft Place is for sale by Expressions of Interest closing 5pm (AEST) Wednesday 13th April 2022.
For further information, please contact:
Carl Molony | Stonebridge Property Group | +61 439 032 0...
Graeme Russell | Knight Frank | +61 419 320 000
Property ID: 504031735Last Updated: 6 Jul 2022
Stonebridge Property Group - SydneyLevel 7, 14 Martin Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Knight Frank - SydneyLevel 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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