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Lake Cathie Shopping Centre, 1601 Ocean Drive (Lake Cathie) Port Macquarie, NSW 2444

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Lake Cathie Shopping Centre, 1601 Ocean Drive (Lake Cathie),
Port Macquarie, NSW 2444

Shops & Retail

Price information

Sold

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Key property information

Land area

Floor area

Car spaces

Municipality

Tenure type

Map of Lake Cathie Shopping Centre, 1601 Ocean Drive (Lake Cathie)

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Woolworths Anchored Shopping Centre

  • Woolworths anchored
  • 100% leased
  • Inc Caltex S/Station
- 80% of income secured by Woolworths Ltd
Long term lease until June 2019 + options
100% leased comprising Supermarket, Liquor, Caltex Service Station + 7 speciality shops (Newsagency, Chemist, Cafe etc.)
10 mins. drive south of Port Macquarie
Gross lettable area of 3,557sqm
Large 1.465 hectare site area
197 on-site car spaces with dual street access

Net Income: $790,000pa + GST

Indicative Asking Price: $8,300,000

Circa 9.5% yield

Simon Staddon 0413 640 851
sstaddon@burgessrawson.com.au

Property ID: 5784286Last Updated: 5 Dec 2013

02 9232 62...
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Lake Cathie Shopping Centre, 1601 Ocean Drive (Lake Cathie)
Port Macquarie, NSW 2444
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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