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Geraldton, WA 6530
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Exceptional Neighbourhood Investment Opportunity
• Bustling neighbourhood shopping centre located on a prominent site within the civic heart of the Geraldton CBD and securely anchored by a strong performing Woolworths
• Exceptional and diverse tenant base with major, national and chain retailers representing 94% of GLA and 90% of gross rent
• Exceptional local and regional accessibility as a result of the centre’s proximity to the N W Coastal Highway running north-south, and Geraldton-Mount Magnet Road a main inland access route
• Geraldton is a key regional economy, the fourth largest city in WA, with a resident population of 39,050. The city is the largest in the Midwest Region of WA with an economic base largely centred around agriculture, port/ logistics activities and mining*
• Major TTA retail expenditure of $517.0m, with forecast growth of 2.6% p.a., expected to reach $671.0m by 2027, including $105.0m in the PTA*
• Significant and growing food expenditure within the TTA, accounting for 59% of total retail expenditure, with food retail and food catering expenditure expected to grow by 3.3% p.a. and 4.1% p.a. respectively – key growth areas for the centre*
Stirlings Central forms part of the Major Australian Shopping Centre Portfolio, comprising 14 high-quality, sub-regional and neighbourhood shopping centre investments
For sale in one line or individually by EOI closing Thursday 23 August at 12 noon (AEST)
All figures above are approximate only
*Urbis, June 2018
• Exceptional and diverse tenant base with major, national and chain retailers representing 94% of GLA and 90% of gross rent
• Exceptional local and regional accessibility as a result of the centre’s proximity to the N W Coastal Highway running north-south, and Geraldton-Mount Magnet Road a main inland access route
• Geraldton is a key regional economy, the fourth largest city in WA, with a resident population of 39,050. The city is the largest in the Midwest Region of WA with an economic base largely centred around agriculture, port/ logistics activities and mining*
• Major TTA retail expenditure of $517.0m, with forecast growth of 2.6% p.a., expected to reach $671.0m by 2027, including $105.0m in the PTA*
• Significant and growing food expenditure within the TTA, accounting for 59% of total retail expenditure, with food retail and food catering expenditure expected to grow by 3.3% p.a. and 4.1% p.a. respectively – key growth areas for the centre*
Stirlings Central forms part of the Major Australian Shopping Centre Portfolio, comprising 14 high-quality, sub-regional and neighbourhood shopping centre investments
For sale in one line or individually by EOI closing Thursday 23 August at 12 noon (AEST)
All figures above are approximate only
*Urbis, June 2018
Property ID: 502881858Last Updated: 16 Oct 2018
02 9220 85...
Address available on request
Geraldton, WA 6530
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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