5 Molloy Street Bulli NSW 2516

Shop & Retail
3,956 m²
Sold

CAMPAIGN CLOSED

JLL is pleased to offer for sale Woolworths Bulli a high performing neighbourhood centre with exceptional underlying fundamentals.

Located 12km north of Wollongong CBD, the centre provides unparalleled income security in one of NSW's tightest geographical catchments.

Brand-new 10 year lease to Woolworths (expiring 2031 with options)
The last full-line supermarket before metropolitan Sydney, some 30km north
Highly convenient and accessible site, fronting the Princes Highway & located 200 metres from Bulli Station
Four (4) defensive non-discretionary retail tenants (Woolworths anchors 92% of the Centre's lettable area)
Affluent catchment with household incomes 28% above Non-metro NSW (source: ABS), and house price growth of 94% since Dec-14 (source: *** )
Attractive "B2 Local Centre" zoning and 1.5:1 FSR providing flexible future mixed-use development upside
Fully leased net income $1.45* million p.a.

JLL - Sydney

Level 27

Sydney, NSW 2000

Property Highlights

Date Sold	24 May 2021
Floor Area	3,956 m²
Land Area	1.46 ha
Parking	On site parking available
Property ID	2016920421
Category	Shop & Retail Factory, Warehouse & Industrial Showrooms / Bulky Goods
Last updated	14 Jul 2021

Map for 5 Molloy Street Bulli NSW 2516

Nearest transport* to 5 Molloy Street Bulli NSW 2516

Bus

Train

Farrell Rd At Franklin Av	229 m
PCYC Bulli, Princes Hwy	238 m
Princes Hwy At Hospital Rd	243 m
Princes Hwy Before Hospital Rd	262 m

*Within a 4km radius

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JLL - Sydney

Level 27

Sydney, NSW 2000

Property Highlights

Date Sold	24 May 2021
Floor Area	3,956 m²
Land Area	1.46 ha
Parking	On site parking available
Property ID	2016920421
Category	Shop & Retail Factory, Warehouse & Industrial Showrooms / Bulky Goods
Last updated	14 Jul 2021

Co-Agents

Nick Willis

JLL - Sydney

Call

+61409595803

Sam Hatcher

JLL - Sydney

Call

+61 409 899 691

More about 5 Molloy Street Bulli NSW 2516

5 Molloy Street Bulli NSW 2516 is categorized as Shop & Retail Property. It has a floor area of 3,956 m² and a land area of 1.46 ha. The listing ID for this property is 2016920421.