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62-64 Coachwood Crescent,
Alfords Point, NSW 2234
Shops & Retail • Development Sites & Land
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Sale - Expression of Interest
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Colliers - Sydney South
Building 3, Level 8, 185-191 O'Riordan StreetMASCOT, NSW 2020
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62-64 Coachwood Crescent
Alfords Point, NSW 2234
Map of 62-64 Coachwood Crescent
Train stations within 5 km of 62-64 Coachwood Crescent, Alfords Point, NSW 2234 Distance Como Station 4.2 km Jannali Station 4.5 km Revesby Station 4.6 km Padstow Station 4.7 km Panania Station 4.9 km POWERED BY HERE ©Bus stops within 5 km of 62-64 Coachwood Crescent, Alfords Point, NSW 2234 Distance Brushwood Dr at Coachwood Cres 64 m Brushwood Dr at Eucalyptus St 111 m Brushwood Dr Opp Alfords Point Public School 128 m Alfords Point Public School, Brushwood Dr 138 m Alfords Point Public School, Coachwood Cres 211 m POWERED BY HERE ©
POWERED BY HERE ©
Sutherland Shire Neighbourhood Retail Shopping Centre Investment with Significant Development Upside
- High exposure 1,489m² site
- Immaculate 560m² building
- Significant development upside
Colliers is pleased to present 62-64 Coachwood Crescent, Alfords Point - an exceptional, fully leased investment with significant development potential in the dynamic Sutherland Shire market, surrounded by a robust residential catchment.
This unique opportunity features a fully leased Shire Neighbourhood Retail Shopping Centre with six long-term tenancies. The property also offers considerable development prospects, with concept plans for a 100-place childcare facility and café, subject to council approval (STCA).
Key features of 62-64 Coachwood Crescent include:
- Prime land area of 1,489m²* with development potential
- Immaculate corner building with a net lettable area of 560m²*
- Single-level shopping centre, underpinned by six longstanding tenants
- Gross income of $226,016 per annum + GST, which is below benchmark rents
- Short term WALE (by income) 1.34 years providing excellent rental reversion potential
- Assessed net market income of $500,000 per annum net + GST ($5,000 per place) once fully developed into a childcare facility and café (STCA)
- On-site parking with 13 car spaces and additional street parking
- One of the only neighbourhood shopping centres in the Alfords Point residential area
- Positioned adjacent to Alfords Point Public School and within a large residential catchment
- Compounding fixed annual rent reviews across all tenants, ensuring long-term income growth
- Separate driveway access to the rear loading dock area
- Supported by holding income with demolition clauses in all leases, facilitating preparation for Development Applications (DAs) to maximise GFA and return
- Sutherland Shire's 2023 population is 236,197, with healthcare and social assistance being the largest industry within the LGA, generating $1.5 billion annually
62-64 Coachwood Crescent will be offered for sale via an Expressions of Interest (EOI) campaign closing on Thursday, 12th September 2024 at 3:00pm (AEST) unless sold prior.
For more information or to arrange an inspection please contact the exclusive Colliers selling agents.
This unique opportunity features a fully leased Shire Neighbourhood Retail Shopping Centre with six long-term tenancies. The property also offers considerable development prospects, with concept plans for a 100-place childcare facility and café, subject to council approval (STCA).
Key features of 62-64 Coachwood Crescent include:
- Prime land area of 1,489m²* with development potential
- Immaculate corner building with a net lettable area of 560m²*
- Single-level shopping centre, underpinned by six longstanding tenants
- Gross income of $226,016 per annum + GST, which is below benchmark rents
- Short term WALE (by income) 1.34 years providing excellent rental reversion potential
- Assessed net market income of $500,000 per annum net + GST ($5,000 per place) once fully developed into a childcare facility and café (STCA)
- On-site parking with 13 car spaces and additional street parking
- One of the only neighbourhood shopping centres in the Alfords Point residential area
- Positioned adjacent to Alfords Point Public School and within a large residential catchment
- Compounding fixed annual rent reviews across all tenants, ensuring long-term income growth
- Separate driveway access to the rear loading dock area
- Supported by holding income with demolition clauses in all leases, facilitating preparation for Development Applications (DAs) to maximise GFA and return
- Sutherland Shire's 2023 population is 236,197, with healthcare and social assistance being the largest industry within the LGA, generating $1.5 billion annually
62-64 Coachwood Crescent will be offered for sale via an Expressions of Interest (EOI) campaign closing on Thursday, 12th September 2024 at 3:00pm (AEST) unless sold prior.
For more information or to arrange an inspection please contact the exclusive Colliers selling agents.
Property ID: 504663840Last Updated: 18 Aug 2024
Colliers - Sydney SouthBuilding 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020
MASCOT, NSW 2020