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West End Plaza
Albury NSW 2640
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Sold on 3 Oct 2018

West End Plaza Albury NSW 2640

  • Shop & Retail
  • 2.08 ha
  • Sold

Exceptional Sub-regional Investment Opportunity

• Dominant sub-regional shopping centre, anchored by Coles and Kmart
• Convenience and dining destination located within the heart of the Albury CBD and offering the only food court within the CBD driven by the substantial surrounding worker base
• Major tenants account for 65% of GLA, providing exceptional income security
• Outstanding and tenancy mix with major, national and chain retailers representing 95% of GLA and 89% of gross rent
• Thriving local economy – Albury-Wodonga is a regional economic hub with a combined resident population of 92,000 and GRP of $6.4bn, supported by 43,000 local jobs, driven by sectors that include agriculture, manufacturing, healthcare, construction, retail and public administration*
• Exceptional TTA growth of 1.4% p.a., forecast to reach 114,650 by 2027, or an additional 14,990 residents, double the non-metro NSW benchmark*
• Significant TTA retail expenditure of $1.4bn, with strong forecast growth of 3.8% p.a., expected to reach $2.1bn by 2027*

West End Plaza forms part of the Major Australian Shopping Centre Portfolio, comprising 14 high-quality, sub-regional and neighbourhood shopping centre investments

For sale in one line or individually by EOI closing Thursday 23 August at 12 noon (AEST)

All figures above are approximate only
*Urbis, June 2018

Property Highlights

Date Sold3 Oct 2018
Floor AreaAsk Agent
Land Area2.08 ha
ParkingAsk Agent
Property ID2014483965
Category
Last updated  16 Oct 2018
Map for West End Plaza Albury NSW 2640

Property Highlights

Date Sold3 Oct 2018
Floor AreaAsk Agent
Land Area2.08 ha
ParkingAsk Agent
Property ID2014483965
Category
Last updated  16 Oct 2018

Listed by

JLL - Sydney
Call
02 9220 8500

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