UNDER CONTRACT – SYDNEY’S PREMIER STRATEGIC RETAIL OPPORTUNITY

  • $200,000,000/POA

Property Description

• The opportunity to acquire one of Australia’s most recognised, iconic and strategically located retail properties. Occupying a prominent and
enviable position within the City of Sydney’s largest current renewal area, the Darling Harbour / Cockle Bay precinct

• With a wide range of uses contemplated under the current planning guidelines and major redevelopment projects immediately adjacent including the Convention Centre, Exhibition Centre, Sydney Entertainment Centre and Barangaroo, Harbourside represents the best remaining key redevelopment opportunity within this world renowned precinct (subject to relevant approvals)

• Australia’s premier leisure, food and entertainment destination with nearly 26 million people visiting the Darling Harbour precinct annually
(Source SHFA)

• Currently comprising a three-level destinational retail, leisure and entertainment facility with a GLAR of 20,269sqm* having prime Sydney
Harbour water frontage of over 300m* and a site area of 20,542sqm*, generating a fully leased NOI of $18,352,000 per annum*

• Servicing a large, affluent and growing PTA recently nominated as Australia’s most densely populated suburb (Source ABS May 2013)

*Approx.

Property Code: 191

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