High Yielding Sydney Metropolitan Neighbourhood Shopping Centre - For Sale

SOLD

St Marys NSW 2760

Retail

FOR SALE

7305m2

Station Plaza, St Marys, NSW

- Convenience based neighbourhood shopping complex anchored by a Coles supermarket (incl. Liquorland), 2 mini majors plus 17 specialties, 2 kiosk & 2 ATMs

- Securely anchored on long term 15 + 2 x 10 year lease to Coles Supermarkets Australia (initial expiry 2020)

- Strategically positioned adjacent to St Marys Railway Station & Bus Terminal, within the St Marys Town Centre, 44km* west of the Sydney CBD

- Large 1.174ha* site, providing parking for 213 cars* & benefiting from an adjoining council car park, providing an additional 132* at-grade spaces

- Significant value add & repositioning opportunities via tenant remixing & refurbishment

- Densely populated & growing trade area comprising 67,330 persons*, via new residential release areas to the north & west of the Centre#

- Fully leased net income $1,624,000 p.a.*

* Approx.
# (Source: MacroPlan Dimasi, February, 2012)