Address available on request,
Port Macquarie, NSW 2444
Shops & Retail
Key property information
Floor area
Car spaces
Parking info
Property extent
Tenure type
Sold on
Map
High Yielding, Secure & Strong Trading Sub Regional Shopping Centre - For Sale
- Major, high quality, prime retail investment, featuring a Target DDS, Ritchies Supa IGA Supermarket, a mini-major & 54 well mixed specialty shops, providing a total GLA of 15,023sqm (approx.), with parking for 851 cars (approx.)
- Brand new & secure leases to Target (10+5+5 years, initial expiry 2019) & IGA (10+5 years, initial expiry 2020), together with a specialty mix dominated by major national & chain tenants, who combined, account for more than 80% (approx.) of the total centre gross income
- Centrally located in the city of Port Macquarie, a major, strategic regional city with high forecast population growth
- Significant total main trade area population of 60,350 persons (approx.), growing strongly at an estimated 1.60 % p.a. (approx.) to 2021 (Source: Pitney Bowes Business Insight)
- Potential for future expansion (STCA)
- Fully leased net income - $5,372,000 p.a.(approx.)
EXPRESSIONS OF INTEREST Closing Date: 12 Noon (AEST), Thursday, 1 October 2009
For further information please contact:
Simon Rooney - Jones Lang Lasalle, Sydney
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com
Luke Harris - Jones Lang Lasalle, Sydney
Mobile: 0425 323 712
Email: luke.harris@ap.jll.com
Carl Molony - Stonebridge Property Group
Mobile: 0439 039 028
Email: carl.molony@stonebridgeproperty.com.au
Philip Gartland - Stonebridge Property Group
Mobile: 0403 582 324
Email: philip.gartland@stonebridgeproperty.com.au
- Brand new & secure leases to Target (10+5+5 years, initial expiry 2019) & IGA (10+5 years, initial expiry 2020), together with a specialty mix dominated by major national & chain tenants, who combined, account for more than 80% (approx.) of the total centre gross income
- Centrally located in the city of Port Macquarie, a major, strategic regional city with high forecast population growth
- Significant total main trade area population of 60,350 persons (approx.), growing strongly at an estimated 1.60 % p.a. (approx.) to 2021 (Source: Pitney Bowes Business Insight)
- Potential for future expansion (STCA)
- Fully leased net income - $5,372,000 p.a.(approx.)
EXPRESSIONS OF INTEREST Closing Date: 12 Noon (AEST), Thursday, 1 October 2009
For further information please contact:
Simon Rooney - Jones Lang Lasalle, Sydney
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com
Luke Harris - Jones Lang Lasalle, Sydney
Mobile: 0425 323 712
Email: luke.harris@ap.jll.com
Carl Molony - Stonebridge Property Group
Mobile: 0439 039 028
Email: carl.molony@stonebridgeproperty.com.au
Philip Gartland - Stonebridge Property Group
Mobile: 0403 582 324
Email: philip.gartland@stonebridgeproperty.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
02 9220 85...
Address available on request
Port Macquarie, NSW 2444
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$1,850,000
21 Clarence Street,Port Macquarie, NSW 2444 384 m²Shops & Retail • Development Sites & Land
Contact Agent
30-36 Hollingworth Street,Port Macquarie, NSW 2444 200 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial