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Address available on request Port Macquarie, NSW 2444

Address available on request,
Port Macquarie, NSW 2444

Shops & Retail

Price information

Sold

Range: $53,000,000 - $61,600,000

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Floor area

Car spaces

Parking info

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High Yielding, Secure & Strong Trading Sub Regional Shopping Centre - For Sale

- Major, high quality, prime retail investment, featuring a Target DDS, Ritchies Supa IGA Supermarket, a mini-major & 54 well mixed specialty shops, providing a total GLA of 15,023sqm (approx.), with parking for 851 cars (approx.)

- Brand new & secure leases to Target (10+5+5 years, initial expiry 2019) & IGA (10+5 years, initial expiry 2020), together with a specialty mix dominated by major national & chain tenants, who combined, account for more than 80% (approx.) of the total centre gross income

- Centrally located in the city of Port Macquarie, a major, strategic regional city with high forecast population growth

- Significant total main trade area population of 60,350 persons (approx.), growing strongly at an estimated 1.60 % p.a. (approx.) to 2021 (Source: Pitney Bowes Business Insight)

- Potential for future expansion (STCA)

- Fully leased net income - $5,372,000 p.a.(approx.)

EXPRESSIONS OF INTEREST Closing Date: 12 Noon (AEST), Thursday, 1 October 2009


For further information please contact:

Simon Rooney - Jones Lang Lasalle, Sydney
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com

Luke Harris - Jones Lang Lasalle, Sydney
Mobile: 0425 323 712
Email: luke.harris@ap.jll.com

Carl Molony - Stonebridge Property Group
Mobile: 0439 039 028
Email: carl.molony@stonebridgeproperty.com.au

Philip Gartland - Stonebridge Property Group
Mobile: 0403 582 324
Email: philip.gartland@stonebridgeproperty.com.au

Property ID: 5570964Last Updated: 26 Jun 2015

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02 9220 85...
realcommercial.com.au logo
Address available on request
Port Macquarie, NSW 2444
JLL - Sydney
Level 27, 180 George Street
SYDNEY, NSW 2000

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