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Stonebridge Property Group - Sydney

Wicks Place, 186 Victoria Road Marrickville, NSW 2204

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Wicks Place, 186 Victoria Road,
Marrickville, NSW 2204

Shops & Retail

Price information

Sale - Expression of Interest

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Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.
Stonebridge Property Group - Sydney
Philip Gartland
Alex James-Elliott

Stonebridge Property Group - Sydney

Level 7, 14 Martin Place
SYDNEY, NSW 2000
Stonebridge Property Group - Sydney
Wicks Place, 186 Victoria Road
Marrickville, NSW 2204

Map of Wicks Place, 186 Victoria Road

Directions
  • Train stations within 5 km of Wicks Place, 186 Victoria Road, Marrickville, NSW 2204Distance
    Sydenham Station682 m
    Marrickville Station1.1 km
    Stanmore Station1.6 km
    St Peters Station1.7 km
    Tempe Station1.7 km
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  • Tram stops within 5 km of Wicks Place, 186 Victoria Road, Marrickville, NSW 2204Distance
    Dulwich Grove2.3 km
    Arlington Station2.5 km
    Lewisham West Light Rail Station2.5 km
    Taverners Hill Light Rail Station2.7 km
    Hawthorne Light Rail Station3.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Wicks Place, 186 Victoria Road, Marrickville, NSW 2204Distance
    Wicks Park, Victoria Rd126 m
    Victoria Rd Before Sydenham Rd207 m
    Victoria Rd at Chapel St263 m
    Victoria Rd at Central Lane420 m
    Buckley St at Wilkinson Pl439 m
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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

Property ID: 504701448Last Updated: 1 Oct 2024

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