Address available on request,
Port Macquarie, NSW 2444
Shops & Retail
Price information
Sold
Range: $53,000,000 - $61,600,000
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Car spaces
Parking info
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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
Property ID: 5570964Last Updated: 26 Jun 2015
02 9220 85...
Address available on request
Port Macquarie, NSW 2444
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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