Share this property

realcommercial.com.au
Colliers - Sydney

Central Park Duo 38 Broadway Chippendale, NSW 2008

Directions

Central Park Duo 38 Broadway,
Chippendale, NSW 2008

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Sold on

Colliers - Sydney
Harry Bui
James Wilson

Colliers - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
Colliers - Sydney
Central Park Duo 38 Broadway
Chippendale, NSW 2008

Map of Central Park Duo 38 Broadway

Directions

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.

Property ID: 504047319Last Updated: 7 Jul 2022

Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Colliers - Sydney

Other properties you might be interested in based on the location and property type you are looking at.