1 Retail Properties For Sale in Kingscliff

Brand New, Coles Anchored Neighbourhood Shopping Centre

• Brand new Neighbourhood Shopping Centre anchored by a Coles Supermarket (2,500sqm*) and supported by 14 specialties and 1 ATM providing a total GLA of 3,979sqm*
• Development upside via existing approval for Coles Supermarket expansion and additional specialties
• The MTA population is currently estimated at 22,170* and projected to increase to 28,630 by June 2031 (location IQ, 2017)
• Significant WALE of 11.13 years by gross passing income. The Coles lease expires 23 February 2036 (20 year term) with 3x5 year options
• Fully leased net income of $1,606,183* as at 31 August 2017

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