Dominant & Strong Trading Neighbourhood Shopping Centre Investment - For Sale
SOLD
Cessnock NSW 2325
Retail
FOR SALE
5614m2
Cessnock Plaza, Hunter Region NSW
- Exceptionally trading neighbourhood shopping complex featuring a strong trading full line Woolworth's supermarket plus 16 specialty tenants & 3 ATMS providing a total GLA of 5,614 sqm*
- Secure long term lease to Woolworths Limited (initial expiry 2026) providing 72%* of the total GLA & 53%* of the total income
- Servicing a large & established main trade area of 53,760 persons growing strongly at 2.1% p.a* to reach 70,400 by 2026 & featuring a complimentary demographic profile including higher than average household income levels & young traditional families (Source: MacroPlan Dimasi)
- Hunter Valley region is a major tourist/ trade destination & in 2011 received over 2.3 million domestic overnight, 116,000 international & 5.3 million domestic day trip visitors
*Approx.
- Exceptionally trading neighbourhood shopping complex featuring a strong trading full line Woolworth's supermarket plus 16 specialty tenants & 3 ATMS providing a total GLA of 5,614 sqm*
- Secure long term lease to Woolworths Limited (initial expiry 2026) providing 72%* of the total GLA & 53%* of the total income
- Servicing a large & established main trade area of 53,760 persons growing strongly at 2.1% p.a* to reach 70,400 by 2026 & featuring a complimentary demographic profile including higher than average household income levels & young traditional families (Source: MacroPlan Dimasi)
- Hunter Valley region is a major tourist/ trade destination & in 2011 received over 2.3 million domestic overnight, 116,000 international & 5.3 million domestic day trip visitors
*Approx.