JLL Retail Investments is pleased to offer for sale Moama Marketplace, a thriving essential service based neighbourhood shopping centre. The asset forms part of the 'The Ultimate Convenience Retail Portfolio' consisting of Woolworths Woodford (QLD), Target Warrnambool (VIC) and Moama Marketplace (NSW).
Investment Highlights: Highly defensive income stream with 97% of income derived by essential services Landmark 2.2 hectare site located in the Heart of Moama Significant 11.33 year WALE*, underpinned by a 22 year lease to Woolworths + BWS Anchored by a strong performing Woolworths supermarket with 77% of income derived by the anchor tenant Value-add opportunity, through an additional 1,500sqm padsite Estimated Fully Leased Net Operating Income of $1,152,140 p.a.
Moama Marketplace is for sale individually or 'in-one-line' by Expressions of Interest closing 4:00pm (AEST) Thursday 14th October 2021.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.
Stuart Taylor 0428 000 000
Sam Hatcher 0409 899 691
Tom Noonan 0402 319 698
Jacob Swan 0402 704 896
*by area **Note all figures reflected above are reflected and should not solely be relied upon
