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Prospect Central/354-360 Flushcombe R & 6 Myrtle Street
Prospect NSW 2148
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Sold on 6 Dec 2021

Prospect Central/354-360 Flushcombe R & 6 Myrtle Street Prospect NSW 2148

  • Shop & Retail
  • 15,217 m²
  • Sold

Woolworths & 7-Eleven Sydney Convenience Investment & Landbank

  • Sydney Convenience Investment & Landbank
  • Woolworths & 7-Eleven Anchored
  • Maximum Flexibility Via Three Titles

Stonebridge Property Group is delighted to present for sale Prospect Central, a prime Woolworths anchored convenience investment and landbank located in a strategic Sydney metropolitan location.

The key highlights of the opportunity include:

- Freestanding Woolworths (including Caltex), BWS, 7-Eleven and 4 medical/food tenancies

- 100% occupied with a long 8.5 year* WALE (by income)

- Dominant Woolworths trading above turnover rent threshold

- Woolworths, BWS and 7-Eleven comprise 86% of income*

- High exposure 1.5 hectare* site with convenient at-grade and basement parking

- Outstanding land bank fundamentals and adjoining high density residential

- Three titles offering maximum flexibility and exit strategies

- Net income of $1.65 million p.a.* with strong income growth potential

*Approximate.

Prospect Central is for sale by Expressions of Interest closing at 2pm (AEDT), Wednesday 17 November 2021. To obtain further information or to arrange an inspection, please contact the exclusive selling agent, Stonebridge Property Group:

Philip Gartland
0403 582 324

Justin Dowers
0438 098 805

Kevin Tong
0422 848 818

Property Code: 337

Property Highlights

Date Sold6 Dec 2021
Floor Area15,217 m²
Land Area1.52 ha
EnergyAsk Agent
ParkingAsk Agent
Property ID2017340570
Category
Last updated  6 Dec 2021
Map for Prospect Central/354-360 Flushcombe R & 6 Myrtle Street Prospect NSW 2148

Nearest transport* to Prospect Central/354-360 Flushcombe R & 6 Myrtle Street Prospect NSW 2148

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Property Highlights

Date Sold6 Dec 2021
Floor Area15,217 m²
Land Area1.52 ha
EnergyAsk Agent
ParkingAsk Agent
Property ID2017340570
Category
Last updated  6 Dec 2021

Co-Agents

Philip Gartland
Stonebridge Property Group
Call
+61 403 582 324
Justin Dowers
Justin Dowers
Stonebridge Property Group
Call
+61 438 098 805
Kevin Tong
Kevin Tong
Stonebridge Property Group
Call
+61 422 848 818

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