2B Moonee Beach Road Moonee Beach NSW 2450

CBRE is pleased to offer for sale a dominant 10,571sqm* convenience-based neighbourhood shopping centre, situated on 27,100sqm* of freehold land.

The Centre is positioned in an affluent growth precinct in New South Wales (NSW) thriving mid coast region, Coffs Harbour.

A number of key investment highlights are outlined below:

- Well-established lifestyle based neighbourhood shopping centre
- Secure income stream underpinned by a strong performing full-line Coles supermarket, paying attractive percentage rent
- Recent refurbishment and repositioning to accommodate a defensive non-discretionary retail mix, including childcare & medical
- Significant landholding with value-add and major rental reversion upside
- Affluent demographic with Main Trade Area (MTA) household income levels 13% above the non-metro NSWE average%
- Strong population growth (1.9% p.a.) in the MTA set to reach 34,690 by 2036^
- Fully leased net income $2,290,147 p.a.*

The property is for sale by way of expressions of interest closing 2:00pm (AEST) on Thursday 5th September 2019.

For further information or to arrange an inspection, please contact the exclusive sales and marketing agents

*All figures are approximate only
^ LocationIQ