Retail investors and land bankers set to be tested as one of Australia’s top performing Woolworths offered for sale

Sydney, October 2025 – Stonebridge Property Group has been exclusively appointed to sell Caringbah Shopping Village, a Woolworths-anchored neighbourhood centre in Sydney’s Sutherland Shire, offered to the market for the first time since its development.

The centre is anchored by one of Australia’s top-performing Woolworths supermarkets, ranked 11^th nationally and the number one performer within its primary trade area.¹

Situated on a 1.2-hectare freehold site just 400 metres from Caringbah train station, the property is one of only 15 freehold neighbourhood centres in Sydney located within 500 metres of a train station on a site exceeding one hectare.

The Woolworths supermarket trading performance indicates significant rental reversion potential relative to comparable metropolitan Sydney supermarkets. This represents a significant income growth opportunity for incoming owners.  With Woolworths’ tenure having only one lease option remaining, investors are afforded rare flexibility to renew/extend the lease or reposition the site for large-scale mixed-use development in the medium term. The current development directly opposite the property, a 10-storey mixed-use development, provides a strong precedent for future intensification.

Neighbourhood centres of this calibre in metropolitan Sydney are exceptionally tightly held. Over the past five years, only five neighbourhood centres between $50 million and $100 million have sold on market, underscoring the scarcity of opportunities of this scale.

Philip Gartland, Partner at Stonebridge, said:

“Caringbah Shopping Village brings together three of the rarest ingredients in Sydney’s retail market – a trophy Woolworths with exceptional trading strength, significant rental reversion potential, and genuine mixed-use development prospects. It represents a landmark investment opportunity that will attract intense competition from institutional, private, and land-bank capital.”

Lincoln Blackledge, Partner at Stonebridge, added:

“This is the first time Caringbah Shopping Village has ever been offered to the market. Sydney is starved of quality retail landholdings with future redevelopment potential, and when combined with one of the nation’s best-performing supermarkets, it stands as one of the most compelling land bank opportunities in years.”

Caringbah Shopping Village is being offered for sale via an Expressions of Interest campaign closing Thursday, 20 November 2025 at 4 pm (AEDT).

For further information, please contact:

• Philip Gartland, National Partner | +61 403 582 324 | pgartland@stonebridge.com.au
• Lincoln Blackledge, National Partner | +61 408 780 772 | lblackledge@stonebridge.com.au
• Carl Molony, National Partner | +61 439 032 028 | cmolony@stonebridge.com.au

¹LocationIQ