Lidcombe Centre, NSW, 92 Parramatta Road,
Lidcombe, NSW 2141
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of Lidcombe Centre, NSW, 92 Parramatta Road
Exceptional Sydney Metropolitan Sub-regional Investment Opportunity
• Vibrant, dominant, 32,911sqm community shopping destination with an outstanding and diverse food and convenience offering, featuring strong performing Woolworths and Aldi supermarkets, a Kmart DDS, 10 mini majors and 59 specialities & kiosks with convenient parking for 1,061 vehicles
• Exceptionally high-profile 35,850sqm Sydney metropolitan site on Parramatta Road opposite Costco, with excellent exposure to some 44,069 passing vehicles daily*
• Strategically located within a burgeoning residential and employment hub, just 17km west of the CBD and 6km east of the Parramatta CBD, the geographical heart of Sydney, with a vast main trade area of 200,740 residents and robust forecast growth of 2.5% p.a. to 2031, almost double the Sydney average of 1.3% p.a.*
• Attractive main trade area retail expenditure of $2.2 billion with strong forecast growth of 5.9% p.a. to 2031, the food category accounting for 43% of total retail expenditure*
• The Centre underwent a $60m comprehensive redevelopment, completed in August 2015
• Secure cash flow with high occupancy and major tenant weighted average lease expiry of 16.2 years, offering potential repositioning, remixing and development opportunities to extract additional and ongoing value
• Fully leased net income of $9.4 million as at 1 April 2018
All figures above are approximate only
*Location IQ, March 2018
• Exceptionally high-profile 35,850sqm Sydney metropolitan site on Parramatta Road opposite Costco, with excellent exposure to some 44,069 passing vehicles daily*
• Strategically located within a burgeoning residential and employment hub, just 17km west of the CBD and 6km east of the Parramatta CBD, the geographical heart of Sydney, with a vast main trade area of 200,740 residents and robust forecast growth of 2.5% p.a. to 2031, almost double the Sydney average of 1.3% p.a.*
• Attractive main trade area retail expenditure of $2.2 billion with strong forecast growth of 5.9% p.a. to 2031, the food category accounting for 43% of total retail expenditure*
• The Centre underwent a $60m comprehensive redevelopment, completed in August 2015
• Secure cash flow with high occupancy and major tenant weighted average lease expiry of 16.2 years, offering potential repositioning, remixing and development opportunities to extract additional and ongoing value
• Fully leased net income of $9.4 million as at 1 April 2018
All figures above are approximate only
*Location IQ, March 2018
Property ID: 502766082Last Updated: 10 Sep 2018
02 9220 85...
Lidcombe Centre, NSW, 92 Parramatta Road
Lidcombe, NSW 2141
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
55-59 Parramatta Road,Lidcombe, NSW 2141 2595 m²Shops & Retail • Showrooms & Large Format Retail • Offices
Contact Agent
52A Joseph Street,Lidcombe, NSW 2141 130 m²Shops & Retail • Offices • Medical & Consulting
Contact Agent
4 John Street,Lidcombe, NSW 2141 275 m²Shops & Retail • Medical & Consulting • Development Sites & Land