Dominant Neighbourhood Shopping Centre Investment Opportunity in High Growth TAS Region - For Sale
SOLD
6 Shoreline Drive
Howrah TAS 7018
Retail
FOR SALE
6017m2
- Building Name Shoreline Shopping Centre
Shoreline Shopping Centre, Howrah, TAS
- Thriving neighbourhood shopping centre comprising an exceptionally strong trading Woolworths Supermarket, Chicken Feed discount retailer, 18 specialty tenancies & 3 ATMs, with a total GLA of 5,987sqm (approx)
- Secure long term 15 + 5 + 5 + 5 year lease to Woolworths Supermarket (expiry 2016) providing 42% (approx) of the Centre's gross income
- Highly sought, strategic location with limited competition, 11km (approx) from the Hobart CBD with a significant Main Trade Area estimated at 29,200 people with higher than average income levels (Source: Pitney Bowes MapInfo)
- Large high profile 19,690sqm (approx) site with direct site lines and access off the South Arm Highway, the major arterial road servicing north, south & east bound commuters to and from the Hobart CBD
- Potential for future redevelopment or expansion (STCA)
- Fully leased net income $1,725,000 (approx)
For further information please contact the exclusive agent:
Simon Rooney - Head of Retail Investments - Australia
Jones Lang LaSalle
Telephone: +61 2 9220 8497
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com
Luke Harris - NSW Retail Investments
Jones Lang LaSalle
Telephone: +61 2 9220 8499
Mobile: 0425 323 712
Email: luke.harris@ap.jll.com
- Thriving neighbourhood shopping centre comprising an exceptionally strong trading Woolworths Supermarket, Chicken Feed discount retailer, 18 specialty tenancies & 3 ATMs, with a total GLA of 5,987sqm (approx)
- Secure long term 15 + 5 + 5 + 5 year lease to Woolworths Supermarket (expiry 2016) providing 42% (approx) of the Centre's gross income
- Highly sought, strategic location with limited competition, 11km (approx) from the Hobart CBD with a significant Main Trade Area estimated at 29,200 people with higher than average income levels (Source: Pitney Bowes MapInfo)
- Large high profile 19,690sqm (approx) site with direct site lines and access off the South Arm Highway, the major arterial road servicing north, south & east bound commuters to and from the Hobart CBD
- Potential for future redevelopment or expansion (STCA)
- Fully leased net income $1,725,000 (approx)
For further information please contact the exclusive agent:
Simon Rooney - Head of Retail Investments - Australia
Jones Lang LaSalle
Telephone: +61 2 9220 8497
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com
Luke Harris - NSW Retail Investments
Jones Lang LaSalle
Telephone: +61 2 9220 8499
Mobile: 0425 323 712
Email: luke.harris@ap.jll.com