Colliers International are proud to present Woolworths Wadalba, a 3,822 sqm full-line supermarket and BWS, and 83 sqm café, featuring an additional 1,945sqm vacant pad site zoned B2.
Woolworths Wadalba occupies a prominent position that provides excellent exposure and convenient multi directional access to the Pacific Highway. Wadalba is located less than 100km north of Sydney CBD in the NSW Central Coast, the third most populous region of NSW.
Wadalba's growing catchment is strategically located between the major employment hubs of Newcastle (60km), Tuggerah (10km) and Gosford (30km).
Investment Highlights:
- Net income $1,490,000 per annum
- 1,945 square metre pad site with flexible B2 Local Centre zoning
- 96% of income secured by Woolworths
- The only full line supermarket in the Main Trade Area
- Brand new Woolworths lease
- MAT 13% above benchmark ($MAT/sqm)
- Large site area of 15,465 square metres
- 197 metre frontage to the Pacific Highway
- Population growth forecast 2.75 x the Sydney benchmark ^
Woolworths Wadalba is being offer for sale via Expressions of Interest Campaign (EOI) Closing on Wednesday, 25 March 2020 at 2pm (AEDT).
*All figures referenced herein are approximate only.
^Location IQ, January 2020.