Neighbourhood Centre with Growth Potential on the NSW Central Coast

  • $19,000,000/POA

Property Description

Coles anchored neighbourhood centre in the heart of Wyong, an easy 93km* drive north of the Sydney CBD

Strongly performing anchor supported by The Reject Shop, Optimal Pharmacy, 25 specialty shops, 4 kiosks and 5 ATMs.Total GLAR of 6,205 sqm*

Outstanding population growth prospects, with MTA forecast to grow at 3.4% pa* to 2026 (Australian Avg 1.4% pa) (Location IQ)

Low average specialty occupancy costs with gross rentals of $460 per sqm*

Multiple value-add options provide potential for future income growth and upside

Landmark 5,797 sqm* town centre site only 400m* from the train station with flexible ‘B3 Commercial Core’ zoning underpinning long term site potential

Estimated fully leased net operating income of $1,607,000 per annum*

For Sale by Expressions of Interest closing 4pm (AEDT) on Wednesday 18th November 2015

*approx

Property Code: 75

You might also be interested in

Contact our property experts to discuss your requirements

Compare listings

Compare