Chisholm Village, 42 Halley Street,
Chisholm, ACT 2905
Shops & Retail
Price information
Sale
via EOI closing 4pm Thursday 22 August 2024
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Savills - Sydney CBD
Level 25, 1 Farrer PlaceSYDNEY, NSW 2000
Chisholm Village, 42 Halley Street
Chisholm, ACT 2905
Map of Chisholm Village, 42 Halley Street
Bus stops within 5 km of Chisholm Village, 42 Halley Street, Chisholm, ACT 2905 Distance Benham St Chisholm Shops 90 m Hambidge CR Before Proctor St 253 m Hambidge CR After Alice Jackson CR 332 m Proctor St After Maclean St 363 m Proctor St After Sweet Pl 378 m POWERED BY HERE ©
POWERED BY HERE ©
ACT Neighbourhood Shopping Centre in Australia’s Most Tightly Held Retail Market
- High performing Coles & Liquorland
- Long WALE 7.64 years* (by GLA)
- 90%* tenants focused on F&B and health
Savills Retail Investments is privileged to offer the opportunity to acquire Chisholm Village, the first time in over four years that such a property has been formally offered to the market in Canberra.
Chisholm is a well-established and strong trading neighbourhood centre with a GLAR of 5,000sq m*. The unenclosed single level centre is anchored by a full line Coles supermarket, supported by a carefully curated mix of 16 specialty retailers and serviced by convenient on-grade parking for 234 vehicles.
The recent renewal of Coles' lease along with a significant store refurbishment, to be completed by Coles, underscores the centres stability.
Further enhancing the centres investment appeal is a recently agreed deal and DA approval for a KFC Drive-through restaurant and new car wash.
Investment Highlights:
- Coles/Liquorland occupy 56% of the GLA and account for 41% of the gross income
- Site area of 9,902sq m*
- Main Trade Area population of 47,814 (Macroplan)
- The only double supermarket group centre in the Main Trade Area
- DA approval in place and terms agreed for KFC Drive-Thru and a new car wash
- Four (4) separate titles providing excellent optionality and future exit strategies
- Due to proximity to Monaro Hwy, McDonalds remain committed to opening a Drive-Thru
- Estimated fully leased net income of $3,235,000pa
*Approx.
For Sale via Expressions of Interest closing 4pm (AEST), Thursday 22 August 2024.
Chisholm is a well-established and strong trading neighbourhood centre with a GLAR of 5,000sq m*. The unenclosed single level centre is anchored by a full line Coles supermarket, supported by a carefully curated mix of 16 specialty retailers and serviced by convenient on-grade parking for 234 vehicles.
The recent renewal of Coles' lease along with a significant store refurbishment, to be completed by Coles, underscores the centres stability.
Further enhancing the centres investment appeal is a recently agreed deal and DA approval for a KFC Drive-through restaurant and new car wash.
Investment Highlights:
- Coles/Liquorland occupy 56% of the GLA and account for 41% of the gross income
- Site area of 9,902sq m*
- Main Trade Area population of 47,814 (Macroplan)
- The only double supermarket group centre in the Main Trade Area
- DA approval in place and terms agreed for KFC Drive-Thru and a new car wash
- Four (4) separate titles providing excellent optionality and future exit strategies
- Due to proximity to Monaro Hwy, McDonalds remain committed to opening a Drive-Thru
- Estimated fully leased net income of $3,235,000pa
*Approx.
For Sale via Expressions of Interest closing 4pm (AEST), Thursday 22 August 2024.
Property ID: 504645256Last Updated: 23 Jul 2024
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