DOMINANT NSW SOUTH COAST NEIGHBOURHOOD SHOPPING CENTRE

  • $100,000/POA

Property Description

Stonebridge Property Group has the exclusive opportunity to offer for sale by Expressions of Interest Centro Kiama, a strong performing, dominant convenience based centre located within the heart of the strong and growing coastal township of Kiama, NSW.

The Property benefits from the following key investment highlights:

• Anchored by a full line Woolworths supermarket supported by 17 specialty retailers;
• A strong performing supermarket with turnover performance substantially above the industry benchmark for similar centres and generating turnover rent;
• Comprises the only full line supermarket offering within the trade area of 20,930 people;
• Underpinned by a strong tenancy profile with major and national retailers comprising approx. 90% of total GLA; and
• Strategically positioned within the bustling town centre of Kiama with direct frontage to the “high” street.

Centro Kiama is for sale by Expressions of Interest, closing at 4pm (AEDST) on Wednesday 7th November 2012.

Property Code: 226

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