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Wicks Place, 186 Victoria Road,
Marrickville, NSW 2204
Shops & Retail
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Sale - Expression of Interest closing Wed 30 Oct
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Stonebridge Property Group - Sydney
Level 7, 14 Martin PlaceSYDNEY, NSW 2000
Wicks Place, 186 Victoria Road
Marrickville, NSW 2204
Map of Wicks Place, 186 Victoria Road
Train stations within 5 km of Wicks Place, 186 Victoria Road, Marrickville, NSW 2204 Distance Sydenham Station 682 m Marrickville Station 1.1 km Stanmore Station 1.6 km St Peters Station 1.7 km Tempe Station 1.7 km POWERED BY HERE ©Tram stops within 5 km of Wicks Place, 186 Victoria Road, Marrickville, NSW 2204 Distance Dulwich Grove 2.3 km Arlington Station 2.5 km Lewisham West Light Rail Station 2.5 km Taverners Hill Light Rail Station 2.7 km Hawthorne Light Rail Station 3.6 km POWERED BY HERE ©Bus stops within 5 km of Wicks Place, 186 Victoria Road, Marrickville, NSW 2204 Distance Wicks Park, Victoria Rd 126 m Victoria Rd Before Sydenham Rd 207 m Victoria Rd at Chapel St 263 m Victoria Rd at Central Lane 420 m Buckley St at Wilkinson Pl 439 m POWERED BY HERE ©
POWERED BY HERE ©
Brand New Sydney Retail Centre
- Newly Built Sydney Retail Offering
- Anchored by Harris Farm Markets
- Valuable Basement Parking
Stonebridge is proud to exclusively present for sale Wicks Place, an opportunity to acquire a brand-new retail investment occupying the entire ground floor (plus part basement car parking) of a premium mixed-use development in Sydney’s evolving and highly connected inner west.
Wicks Place is a modern neighbourhood shopping centre securely anchored by Harris Farm Markets and an integral part of Marrickville’s newest fresh food and dining destination.
The key highlights of this rare opportunity include:
- Brand new neighbourhood centre anchored by blue-chip retailer, Harris Farm Markets, plus 4 specialty shops over 2,318 sqm of lettable area (1)
- Highly desirable inner west location only 7km* to Sydney CBD, positioned at the core of the Victoria Road Precinct rezoning permitting increased residential density
- The suburb of Marrickville is vastly under-supplied in terms of supermarket floorspace and has very high barriers to entry
- Proximity to public transportation, including Sydenham train & metro station (600m*) and Marrickville train station (1km*). The area surrounding Marrickville station has been designated as a Transport Orientated Development zone and significant intensification is likely in the trade area
- Harris Farm Markets underpins 71%* of income on a new 12-lease with options to 2067, annual rent reviews and a percentage rent clause
- Secure and growing income stream featuring a long WALE of 10.1 years* (income), fixed and CPI-linked annual rent reviews and upside potential via strategic leasing
- Affluent population with average household income 25% above the Greater Sydney average and a strong forecast population growth rate of 1.4% p.a. to 2041 (2)
- Valuable and easily accessible basement parking for 87 vehicles plus 5 ground-level spaces on title (4 spaces per 100 sqm of lettable area)
- Completed in 2024 to a premium standard, developed and built by TOGA, with potential for significant depreciation benefits
- Estimated fully leased net income of $1.67 million p.a. as at Sep-24
Wicks Place is for sale via Expressions of Interest closing Wednesday 30th October at 3:00pm (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
* Approximately
(1) Harris Farm fit-out underway, to open in Q1 2025
(2) LocationIQ, within a 3 km radius
Wicks Place is a modern neighbourhood shopping centre securely anchored by Harris Farm Markets and an integral part of Marrickville’s newest fresh food and dining destination.
The key highlights of this rare opportunity include:
- Brand new neighbourhood centre anchored by blue-chip retailer, Harris Farm Markets, plus 4 specialty shops over 2,318 sqm of lettable area (1)
- Highly desirable inner west location only 7km* to Sydney CBD, positioned at the core of the Victoria Road Precinct rezoning permitting increased residential density
- The suburb of Marrickville is vastly under-supplied in terms of supermarket floorspace and has very high barriers to entry
- Proximity to public transportation, including Sydenham train & metro station (600m*) and Marrickville train station (1km*). The area surrounding Marrickville station has been designated as a Transport Orientated Development zone and significant intensification is likely in the trade area
- Harris Farm Markets underpins 71%* of income on a new 12-lease with options to 2067, annual rent reviews and a percentage rent clause
- Secure and growing income stream featuring a long WALE of 10.1 years* (income), fixed and CPI-linked annual rent reviews and upside potential via strategic leasing
- Affluent population with average household income 25% above the Greater Sydney average and a strong forecast population growth rate of 1.4% p.a. to 2041 (2)
- Valuable and easily accessible basement parking for 87 vehicles plus 5 ground-level spaces on title (4 spaces per 100 sqm of lettable area)
- Completed in 2024 to a premium standard, developed and built by TOGA, with potential for significant depreciation benefits
- Estimated fully leased net income of $1.67 million p.a. as at Sep-24
Wicks Place is for sale via Expressions of Interest closing Wednesday 30th October at 3:00pm (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
* Approximately
(1) Harris Farm fit-out underway, to open in Q1 2025
(2) LocationIQ, within a 3 km radius
Property ID: 504701448Last Updated: 1 Oct 2024
Stonebridge Property Group - SydneyLevel 7, 14 Martin Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000