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47-67 Mulga Road
Oatley NSW 2223
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Sold on 20 Aug 2021

47-67 Mulga Road Oatley NSW 2223

  • Shop & Retail
  • 3,523 m²
  • Sold

OATLEY VILLAGE SQUARE - 100% LEASED SYDNEY METRO SHOPPING CENTRE INVESTMENT

  • 86% income secured by Coles + Liquorland
  • High-profile site 23km* from Sydney CBD
  • Fully Leased Net Income: $1.12m p.a.^

Investment Highlights:

Strong performing Coles supermarket - The dominant centre and only Coles supermarket offering within the Primary Trade Area (PTA) complemented by a strong performing Liquorland store, with rental growth forecast in the short term via the supermarket's robust sales performance and contribution of percentage rental

Prominent Sydney metropolitan site - The Centre occupies a high-profile site just 23km from the CBD, with exceptional frontage to Mulga Street (70 metres) a key roadway within the area

Exceptional security of income and tenure - 100% leased and anchored by leading national retailers Coles (ASX listed on a 15-year lease until 2027, with two further 10-year options) and Liquorland, representing 86% of gross tenant income and 81% of total GLA

Superior convenience, service and fresh food offering - An exceptional non-discretionary convenience tenant profile, including strong representation of non-retail uses and services, including Murraya Thai Massage and Spa, Finpos Accountants & Physiotherapy

Excellent accessibility via both public and private transport - Convenient underground parking for 120 vehicles together with excellent public transport infrastructure, with Oatley Train Station located just 300m to the east and a bus stop located directly outside the Centre on Mulga Road

Strong platform for non- non-discretionary tenancy mix - Traditional family households represent 50% of the trade area, above the Sydney benchmark supporting the food, service, and convenience tenancy mix

* All figures approximate only
^Fully leased income includes rental reversion for C5 Finipos Accountants

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 15 JULY 2021 AT 12.00PM (AEST).

Property Highlights

Date Sold20 Aug 2021
Floor Area3,523 m²
Land Area3,523 m²
Parking120 x Onsite parkings
Building TypeWhole building
Property ID2017076571
Category
Last updated  26 Aug 2021
Map for 47-67 Mulga Road Oatley NSW 2223

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Property Highlights

Date Sold20 Aug 2021
Floor Area3,523 m²
Land Area3,523 m²
Parking120 x Onsite parkings
Building TypeWhole building
Property ID2017076571
Category
Last updated  26 Aug 2021
Waterfront Place, Level 3 1 Eagle Street Brisbane City QLD 4000

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