- A neighbourhood shopping centre comprises 10 shops, 6 office suites and community centre with a total lettable area of 1,909sqm*

- Located on a large corner site of 2,383sqm (approx)

- Direct access to Council car park

- DA approved for 82 large apartments and 13 shops in line with strong local population growth in Sydney South West

- Current gross passing income of $221,167 per annum (approx)

- Estimate fully lease net income of $555,000 per annum (approx)

Strategic value of the Villawood Town Centre is most definite. The property is surrounded by recognised retail businesses such as Aldi supermarket, Bunnings Warehouse, KFC, BWS liquor store, McDonalds and AMF Bowling Centre and is adjacent to the $115 million redevelopment of Kamira Court public housing for approximately 450 units, which is scheduled for completion in 2012. Over time, this public housing development will underpin rental growth and drive future capital uplifts of the property.

For sale by public auction:

Time: Tuesday, 20th April 2010 at 10:30am

Venue: Auctionworks, Level 1, 55 Harrington Street, Sydney

Please contact:

Harry Bui 0418 477 888 or

Frank Oliveri 0419 018 356