Central Park Duo 38 Broadway,
Chippendale, NSW 2008
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Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
Central Park Duo 38 Broadway
Chippendale, NSW 2008
Map of Central Park Duo 38 Broadway
High Profile Sydney Retail Centre in rapidly evolving Technology and Education Precinct
- Just 1.1km from Sydney CBD
- Direct frontage to Broadway
- Significant depreciation potential
Central Park DUO Retail is an immaculately presented 1,090 square metre convenience retail Centre comprising eight external facing shops, located at the epicentre of one of Sydney’s most vibrant and connected precincts.
The Centre occupies prime position on Broadway, located just 1.1 kilometres from Sydney CBD and 600 metres from Central Train Station, Australia’s busiest Train Station*. The precinct, referred to as ‘Tech Central’ is undergoing significant rejuvenation and gentrification, with high profile developments anchored by Atlassian and Afterpay.
Essential Services secure 64% of DUO’s Gross Income profile, which is underpinned by a strong 4.0-year WALE. High profile international retailers, including Starbucks and Kathmandu, are well supported by food and beverage operators.
The Asset benefits from the unique Trade Area profile supported by the award-winning Central Park Precinct, serving a diverse population mix including residents, students and workers.
Investors have the opportunity to reposition the Centre to take advantage of potential late night trading hours (STCA) along the high-profile Broadway facing tenancies.
Retail Investment Highlights:
- Direct Frontage to Broadway, with foot traffic levels at 6.64 million per annum
- Just 1.1km from Sydney CBD and 600m from Central Train Station
- Significant depreciation potential – development completed in 2018
- High profile international retailers, including Starbucks and Kathmandu
- Serves a unique trade area catering to Students, Residents and a Workforce Population
- Future Tech Central underpinned by the Atlassian and Afterpay Headquarters
Central Park DUO Retail is being offered for sale via an Expressions of Interest (EOI) Campaign closing 4:00pm (AEST) on Thursday, 5 May 2022.
*Approx.
The Centre occupies prime position on Broadway, located just 1.1 kilometres from Sydney CBD and 600 metres from Central Train Station, Australia’s busiest Train Station*. The precinct, referred to as ‘Tech Central’ is undergoing significant rejuvenation and gentrification, with high profile developments anchored by Atlassian and Afterpay.
Essential Services secure 64% of DUO’s Gross Income profile, which is underpinned by a strong 4.0-year WALE. High profile international retailers, including Starbucks and Kathmandu, are well supported by food and beverage operators.
The Asset benefits from the unique Trade Area profile supported by the award-winning Central Park Precinct, serving a diverse population mix including residents, students and workers.
Investors have the opportunity to reposition the Centre to take advantage of potential late night trading hours (STCA) along the high-profile Broadway facing tenancies.
Retail Investment Highlights:
- Direct Frontage to Broadway, with foot traffic levels at 6.64 million per annum
- Just 1.1km from Sydney CBD and 600m from Central Train Station
- Significant depreciation potential – development completed in 2018
- High profile international retailers, including Starbucks and Kathmandu
- Serves a unique trade area catering to Students, Residents and a Workforce Population
- Future Tech Central underpinned by the Atlassian and Afterpay Headquarters
Central Park DUO Retail is being offered for sale via an Expressions of Interest (EOI) Campaign closing 4:00pm (AEST) on Thursday, 5 May 2022.
*Approx.
Property ID: 504047319Last Updated: 7 Jul 2022
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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