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CBRE - VIC

Target, 10 Sylvia Place Tumut, NSW 2720

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Target, 10 Sylvia Place,
Tumut, NSW 2720

Shops & Retail

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CBRE - VIC
Raoul Holderhead

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
Target, 10 Sylvia Place
Tumut, NSW 2720

Map of Target, 10 Sylvia Place

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High Yielding Standalone Wesfarmers Freehold

  • Strategic Location Next to Coles
  • Renewed Lease to Target Australia Ltd
  • Strong Performing Target Store
Renewed lease to Target/Wesfarmers Ltd
Annual fixed 3% rent increases
Large site fully integrated with Coles
Brand new 3 + 3 year lease to Target
Modern, low-maintenance retail store of approximately 1,500 sqm, developed in 2008
Strong trader, 7.4% store sales growth in the last 4 months
Strategic 4,083 sqm retail site, surrounded by Coles, KFC, BWS, Snowy Valley Council offices with approx 50 at-grade car spaces on-title
Annual, fixed, compounding 3% rent increases
Target: Iconic 93 year old retailer, wholly owned by $39 billion Wesfarmers, recent increase in half year sales to an estimated $1.5 billion
Tumut: Vibrant retail and service sector servicing a population of over 15,000 and strategically located midway between Sydney and Melbourne
Estimated net rent: $229,775 p.a.

Private Treaty

Tumut, 2720 demographic data

The median household income for Tumut is $1,242, 13% lower than Regional New South Wales's household income of $1,434. Tumut has a younger age profile compared to the rest of Regional New South Wales (median age 42 vs 43). Property ownership data shows 43% of property owners in Tumut have a mortgage.

6,613
Population
$1,242 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - NSW
Level 21, 363 George Street
SYDNEY, NSW 2000

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