Greenway Plaza and Supacenta is a unique hybrid retail asset located in Western Sydney’s Wetherill Park, the largest industrial estate in the Southern Hemisphere, is being offered to the market for the first time in 11 years.

Greenway Plaza and SupaCenta is located 14 kms south west of the Parramatta CBD within Sydney’s western suburbs and occupies a prime corner site at the intersection of The Horsley Drive and Elizabeth Street. Greenway SupaCenta enjoys a prominent, easily accessible and highly visible position on a major road, and is situated within proximity to a significant and growing residential and workforce population.

The centre underwent a major expansion in 2010, transforming the existing Greenway Plaza into a retail/large format retail facility, incorporating 22,355sqm of large format space alongside the 6,617sqm of convenience retail.

Located on 6.385 hectares, the asset features a strong tenancy mix anchored by major national retailers including Spotlight, Officeworks, the Good Guys, BCF, Super Cheap Auto, Petbarn and Red Rooster along with other tenants such Road Maritime Services (NSW State Government) & Westpac. In total there are 28 retail specialty stores, five kiosks, and six offices. Parking for 691 cars is also located onsite. The asset also offers investors major depreciation benefits.

MacroPlan Dimasi Independent research indicates population growth in the trade area is expected to be driven by a number of major residential developments and is estimated to grow to 332,980 persons by 2026 and reach $4.603 billion in total retail expenditure.

The estimated fully lease net income will be $8,176,000 per annum approx.

Greenway Plaza and Supacenta shopping centre is for sale by Expressions of Interest closing on Thursday 11th December at 2pm (AEDT).