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).