Woolworths Ermington 525 Victoria Road,
Ermington, NSW 2115
Shops & Retail
Key property information
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Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
04020793...
Woolworths Ermington 525 Victoria Road
Ermington, NSW 2115
Map of Woolworths Ermington 525 Victoria Road
Rare Sydney Metro Woolworths Supermarket Featuring Exceptional Sales Performance and Development Potential (STCA)
- Net income of $677,391 p.a.
- 100% of income secured by Woolworths
- Woolworths paying turnover rental
Colliers International is proud to offer for sale Woolworths Ermington, a high performing Woolworths supermarket that is trading 60% above the national average (MAT/sqm)^, resulting in low occupancy costs and currently producing significant turnover rental.
Woolworths Ermington presents as a rare opportunity to secure a freestanding supermarket, located 19 kilometres west from the Sydney CBD. The property’s 2,966 square metre site area, flexible "B2-Local Centre" zoning, and Woolworths short lease profile (exp. 2021), allows investors imminent redevelopment potential.
Key investment highlights include:
• Estimated net income $677,391 p.a.
• 100% income secured by Woolworths (exp. 2021)
• Woolworths paying turnover rent
• Trading 60% above the national benchmark (MAT/sqm)^
• Attractive "B2 - Local centre" zoning
• Income growth potential given low occupancy cost
• Exposure to 21.9 million vehicles annually^
Woolworths Ermington is being offered for sale via Expressions of Interest, closing at 2.00pm (AEST) Thursday 29 November, 2018.
Woolworths Ermington presents as a rare opportunity to secure a freestanding supermarket, located 19 kilometres west from the Sydney CBD. The property’s 2,966 square metre site area, flexible "B2-Local Centre" zoning, and Woolworths short lease profile (exp. 2021), allows investors imminent redevelopment potential.
Key investment highlights include:
• Estimated net income $677,391 p.a.
• 100% income secured by Woolworths (exp. 2021)
• Woolworths paying turnover rent
• Trading 60% above the national benchmark (MAT/sqm)^
• Attractive "B2 - Local centre" zoning
• Income growth potential given low occupancy cost
• Exposure to 21.9 million vehicles annually^
Woolworths Ermington is being offered for sale via Expressions of Interest, closing at 2.00pm (AEST) Thursday 29 November, 2018.
Ermington, 2115 demographic data
The median household income for Ermington is $1,993, 4% lower than Greater Sydney's household income of $2,077. Ermington has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 59% of property owners in Ermington have a mortgage.
12,686
Population
$1,993 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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