Ballina Central, 44 Bangalow Road,
Ballina, NSW 2478
Shops & Retail
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Map of Ballina Central, 44 Bangalow Road
NON-DISCRETIONARY SUB-REGIONAL SHOPPING CENTRE
- 8.6 YEAR WALE*
- NET INCOME $3,370,501* P.A.
- MULTIPLE VALUE ADD OPPORTUNITIES
- Thriving NSW North Coast Regional Centre underpinned by a booming tourism industry & large MTA population 62,920* (Location IQ)
- Modern convenience based Sub-Regional Shopping Centre on 4.5ha in the dominant retail precinct and position
- Anchored by Big W, Supa IGA+Liquor, 2 Mini Majors, 20 specialties and 2 pad sites with 605* carparks
- Secure income profile with 79% (GLAR) leased to major tenants and a 8.6 year WALE*
- Non-discretionary focused specialty shops leased well below benchmark rents with average weighted rent reviews of 4.1% per annum
- Fully leased NOI of $3,370,501* p.a. with scope to capitalise on low specialty rentals and multiple value add options
*Approx.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 4PM THURSDAY 4 AUGUST 2016
- Modern convenience based Sub-Regional Shopping Centre on 4.5ha in the dominant retail precinct and position
- Anchored by Big W, Supa IGA+Liquor, 2 Mini Majors, 20 specialties and 2 pad sites with 605* carparks
- Secure income profile with 79% (GLAR) leased to major tenants and a 8.6 year WALE*
- Non-discretionary focused specialty shops leased well below benchmark rents with average weighted rent reviews of 4.1% per annum
- Fully leased NOI of $3,370,501* p.a. with scope to capitalise on low specialty rentals and multiple value add options
*Approx.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 4PM THURSDAY 4 AUGUST 2016
Property ID: 502021474Last Updated: 9 Feb 2024
07 3833 98...
Ballina Central, 44 Bangalow Road
Ballina, NSW 2478
CBRE - BrisbaneWaterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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