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18 Hannah Street Beecroft NSW 2119

  • Shop & Retail
  • 5,474 m²
  • For Sale, Contact Agent

Neighbourhood Centre in the heart of Sydney's Affluent North Shore

  • 10 year WALE*
  • Woolworths 20-year lease
  • 27 specialties and 2 kiosks

Stonebridge, in conjunction with Knight Frank, is pleased to present for sale Beecroft Place, a rare Sydney metropolitan neighbourhood centre with a 10 year WALE (by area).

The key highlights of the opportunity include:

- High quality neighbourhood centre constructed in 2017
- Sydney metro location, 100 metres* from Beecroft station and 22km* from the Sydney CBD
- Daily needs tenancy mix featuring Woolworths, 27 specialty shops (including Priceline, BWS and medical) and 2 kiosks over 5,474 sqm*
- Rare 20-year lease to Woolworths (plus 2x10 year options)
- Fixed 5% Woolworths rental uplifts every 5 years, with the next review due in Sep-22
- Outstanding 10 year WALE (by area)
- The only supermarket in the Main Trade Area of 32,870 people¹, with high barriers to entry
- Affluent catchment, with Primary Sector household incomes 52% above Sydney metro average¹
- Significant depreciation potential
- Fully leased NOI of $3.5 million p.a., with strong income growth potential

¹Location IQ

*Approx.

Beecroft Place is for sale by Expressions of Interest closing 5pm (AEST) Wednesday 13th April 2022.
F
or further information, please contact:

Carl Molony | Stonebridge Property Group | +61 439 032 028

Graeme Russell | Knight Frank | +61 419 320 000

Property Highlights

Floor Area5,474 m²
Land Area5,474 m²
Parking190 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017672838
Category
Last updated  4 Apr 2022
Map for 18 Hannah Street Beecroft NSW 2119

Property Highlights

Floor Area5,474 m²
Land Area5,474 m²
Parking190 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017672838
Category
Last updated  4 Apr 2022
Level 7, Martin Place Sydney NSW 2000
Carl Molony
Carl Molony
Stonebridge Property Group
Philip Gartland
Philip Gartland
Stonebridge Property Group
Lincoln Blackledge
Lincoln Blackledge
Stonebridge Property Group
Graeme Russell
Graeme Russell
Knight Frank - Sydney
Dominic Ong
Dominic Ong
Knight Frank - Sydney

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