PRIME SYDNEY RETAIL WITH SIGNIFICANT MIXED-USE POTENTIAL

  • $70,000,000/POA

Property Description

– 12kms* from Sydney CBD
– Opposite Burwood Railway Station
– Mixed-use zoning in major redevelopment precinct
– Strong performing, well established sub-regional shopping centre anchored by Woolworths
– Total GLA of 12,361 sqm* comprising Woolworths, 4 Mini-Majors, 50 Specialty shops, 3 ATM’s and 2 Kiosks
– Large trade area population of 90,000 people forecast to grow^
– Rare opportunity to either enhance the existing centre or undertake a comprehensive mixed-use redevelopment scheme (subject to approvals)
– Estimated Fully Leased Net Operating Income of $4,367,000** per annum*

*Approx
**as at 1st January 2015
^Urbis

Property Code: 154

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