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2-12 Burrell Place Griffith NSW 2680

  • Retail
  • 2,560 m²
  • For Sale, Contact Agent

Highly secure Woolworths anchored portfolio

JLL is pleased to exclusively present an opportunity to acquire three Woolworths Group anchored retail properties located in New South Wales (The Portfolio). 

This Portfolio offers a secure and stable income and the potential for capital growth with the major anchor being Woolworths Group, trading as Woolworths supermarkets (two properties) and Dan Murphys (one property).

Key Investment Highlights of Griffith North Woolworths, NSW include:
Secured by 15 year lease to Woolworths expiring in 2027 with 4 x 10 year options
Guaranteed minimum 5% base rent review expected to occur every 5 years
Woolworths trading well with MAT growth for the year to May 2019 being almost 9%. 
Easy access with multiple ingress and egress to 110 at grade carparks via Burrell Place, Binya Street and Wakaden Street
Well located close to local amenity including the Griffith North Public School approximately 1.1 kilometres to the north-east and the Griffith Railway Station 600 metres to the east
Estimated Net income of $689,878pa* as at 30 September 2019

The investment opportunity is being formally offered individually or in-one-line via an Expressions of Interest (EOI) campaign closing 4pm (AEDST) Thursday 29 August 2019.

Address2-12 Burrell Place Griffith NSW 2680
ZoningR1 General Residential
CouncilGRIFFITH CITY COUNCIL
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2015467049
Floor Area2,560 m²
Land Area8,568 m²
Parking115 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  6 Aug 2019
Map for 2-12 Burrell Place Griffith NSW 2680
JLL - Brisbane
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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