Blue Chip Sydney Neighbourhood Centre

  • $17,000,000/POA

Property Description

– Long term lease to Woolworths until 2033 (plus options)
– Blue chip investment property with 68%* of the total GLA secured to Woolworths and supported by 9 Specialties, 2 Kiosks, 2 ATM’s and a free-standing medical centre
– Lettable area of 5,347 sqm* on a site area of 8,498^ providing parking for 162 spaces (in addition to adjacent council car park)
– The centre was redeveloped in 2009 with significant depreciation benefits and minimal capital expenditure
– Strong tenancy profile with 100% occupancy
– Fully Leased Net Income of $1,482,000* per annum

*Approx.
^Excl. medical centre lot

Property Code: 94

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