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

Shops & Retail

Key property information

Land area

Floor area

Car spaces

Municipality

Tenure type

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

Directions

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

Port Macquarie, 2444 demographic data

The median household income for Port Macquarie is $1,282, 11% lower than Regional New South Wales's household income of $1,434. Port Macquarie has an older age profile compared to the rest of Regional New South Wales (median age 48 vs 43). Property ownership data shows 37% of property owners in Port Macquarie have a mortgage.

47,693

Population

$1,282 per week

Median household income

48 years

Median age

Owners

Most residents

Families

Most households