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116-128 Sharp Street Cooma NSW 2630

  • Retail
  • Floor Size4,387 m²
  • PriceFor Sale, Contact Agent

Coles Anchored Shopping Centre – Built 2008 Immaculately Presented

For Sale
Indicative Asking Price $11.1m / 7.75% - Fully Leased

Well established Coles Supermarket on 15 year lease until March 2023 + 2 x 10 year options to March 2043
12 specialty shops mostly with 3.5% & 4% annual rent increases
National brands include Commonwealth Bank, NRMA & Reject Shop
Central 6,099 sqm CBD site with wide Monaro Hwy retail frontage
On-site parking for 135 cars plus adjacent council car park
Fully contained centre with in-slab floor heating & built-in temperature control
83,000 average monthly door count in 2017, with impressive 4.4% & 3.5% increases for preceeding 2 years
Expansive 20,218 catchment and gateway to NSW Snowy Mountains
Strategically positioned on main Sydney/Canberra to Thredbo/Perisher arterial route with increasing tourist numbers

Passing Net Income: $697,420 pa + GST
Estimated Fully Leased Net Income: $863,520 pa + GST

Property Highlights

Property ID2014660641
Floor Area4,387 m²
Land Area6,099 m²
ParkingAsk Agent
Annual ReturnAsk Agent
Last updated  28 Dec 2018
Map for 116-128 Sharp Street Cooma NSW 2630
Burgess Rawson Sydney
Level 18, 15 Castlereagh Street Sydney NSW 2000

Ask Darren Beehag about this property

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