Edgeworth Town Square, 720 Main Road,
Edgeworth, NSW 2285
Shops & Retail • Offices
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Map of Edgeworth Town Square, 720 Main Road
Thriving Coles Anchored Newcastle Neighbourhood Centre - Mortgage in Possession
Colliers International is pleased to offer for sale Edgeworth Town Square, a dynamic Coles anchored neighbourhood shopping centre that has recently undergone significant capital expenditure improvements resulting in new leasing deals due to the upgraded amenity, appeal and patronage to the Centre.
Property Highlights:
- Anchored by refurbished Coles supermarket, 2 mini-majors, 22 specialities, 3 ATM's and office space totalling a GLA of 7,298m²* on 1.3ha* site
- Outstanding Coles average MAT growth of 7% pa* to July 2013, approaching percentage rental
- National tenants include Bakers Delight, Pizza Hut, Chemmart, Newcastle Permanent, News Extra, Anytime Fitness and Subway
- Substantial depreciation benefits available as a result of recent meticulous CAPEX upgrades
- Significant capital investment includes Minmi Rd intersection upgrade, capturing Minmi Rd growth corridor
- Impressive MTA growth of 30%^ forecast by 2026
- High profile ‘island site’ 15km* west of Newcastle CBD
- Fully leased net income of $2,114,000* pa
*Approximately ^MacroPlan Dimasi
Property Highlights:
- Anchored by refurbished Coles supermarket, 2 mini-majors, 22 specialities, 3 ATM's and office space totalling a GLA of 7,298m²* on 1.3ha* site
- Outstanding Coles average MAT growth of 7% pa* to July 2013, approaching percentage rental
- National tenants include Bakers Delight, Pizza Hut, Chemmart, Newcastle Permanent, News Extra, Anytime Fitness and Subway
- Substantial depreciation benefits available as a result of recent meticulous CAPEX upgrades
- Significant capital investment includes Minmi Rd intersection upgrade, capturing Minmi Rd growth corridor
- Impressive MTA growth of 30%^ forecast by 2026
- High profile ‘island site’ 15km* west of Newcastle CBD
- Fully leased net income of $2,114,000* pa
*Approximately ^MacroPlan Dimasi
Property ID: 500866683Last Updated: 16 May 2014
Edgeworth Town Square, 720 Main Road
Edgeworth, NSW 2285
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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