Skip to main content
ALDI, 36-44 Underwood Street
Corrimal NSW 2518
SearchBack to results
Stonebridge Property Group

ALDI, 36-44 Underwood Street Corrimal NSW 2518

  • Shop & Retail
  • 1,790 m²
  • For Sale, Contact the Stonebridge Team

Trophy ALDI Supermarket - Secure 15 Year Lease

  • Global Supermarket Covenant
  • Annual CPI Rental Reviews
  • Significant Depreciation Benefits

Stonebridge is pleased to present 'ALDI Corrimal (Wollongong)' for sale via Expressions of Interest closing on Thursday 18 April at 3pm (AEST).

The asset has the following key investment features:

- Secure 15 year lease to 2034 + options to 2049, with favourable CPI rent increases capped at 4%

- ALDI Blue chip supermarket retailer, established in 1913 with 10,000+ locations worldwide, 13.2% sales growth YoY^

- Rarely offered 1,790 sqm* ALDI supermarket with 55 dedicated carparking spaces

- Modern supermarket featuring the latest corporate branding and striking fitout opened in 2019 and offering excellent depreciation benefits

- Prominent 230m* triple street frontage to Underwood Street, Betram Lane and Russell Street

- Seamlessly integrated into premium 'Verge' mixed use development, with strong-performing Little Zak's Academy childcare, 49 high-end residential units, plus 4 retail shops

- Highly connected location 400 metres to key arterial Memorial Drive (28,308+ vehicles daily) and adjacent to Princes Highway, set to benefit from $15 billion* upgrade programme

- Corrimal Booming residential and commercial hub with $155 million development pipeline and host to separate Woolworths and Coles anchored shopping centres

- Wollongong Gateway location only 90 mins south of Sydney, with population forecast to increase 26% to 270,000 by 2041

- Net Income $495,114 pa* + GST

*Approximately

'ALDI Corrimal (Wollongong)' for sale via Expressions of Interest closing on Thursday 18 April at 3pm (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 903

Property Highlights

Floor Area1,790 m²
Land Area1,790 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019133385
Category
Last updated  8 Apr 2024
Map for ALDI, 36-44 Underwood Street Corrimal NSW 2518

Nearest transport* to ALDI, 36-44 Underwood Street Corrimal NSW 2518

Bus
Train
Tram
Ferry
Did you find this helpful?
Yes
No

Property Highlights

Floor Area1,790 m²
Land Area1,790 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019133385
Category
Last updated  8 Apr 2024
Level 7, Martin Place Sydney NSW 2000

More Properties for Sale from Stonebridge Property Group

For SaleContact the Stonebridge team
dan murphy's, 52/60 hutchinson street,mount barker, SA 5251
1 m²
Shop & Retail
For SaleContact the Stonebridge Team
bws, 9 willoughby road,crows nest, NSW 2065
342 m²
Shop & Retail
For SaleContact the Stonebridge Team
dan murphy's, 51 orient street,batemans bay, NSW 2536
3,854 m²
Shop & Retail