Dominant, Bustling Sub-Regional Shopping Centre - For Sale
SOLD
Queanbeyan NSW 2620
Retail
FOR SALE
21391m2
Riverside Plaza Shopping Centre, Queanbeyan, NSW
- The largest and only sub-regional shopping centre within a vibrant & fast growing catchment, comprising a strong trading Coles supermarket, Target DDS, four* mini majors, 43* high quality specialty tenants, five* kiosks, four* ATMs & nine* office tenancies, providing a total GLA of 21,391* sqm
- Significant and extensive MTA of 49,110* residents, including 30,610* in the key PTA, with robust forecast average annual growth in the MTA of 2.4% to 2026, underpinned by the strong forecast average annual growth in the secondary south sector of 10.8%^
- Strong demographic characteristics - Per capita & household incomes in excess of 45%* and 25%* greater than non-metropolitan NSW and Australian averages respectively^
- High representation of national and/or chain retailers, which secure 88%* of GLAR and 83%* of gross income
- Fully leased net income as at 30 April 2014 of $5,500,000*
* Approx.
^ MacroPlan Dimasi, March 2014
- The largest and only sub-regional shopping centre within a vibrant & fast growing catchment, comprising a strong trading Coles supermarket, Target DDS, four* mini majors, 43* high quality specialty tenants, five* kiosks, four* ATMs & nine* office tenancies, providing a total GLA of 21,391* sqm
- Significant and extensive MTA of 49,110* residents, including 30,610* in the key PTA, with robust forecast average annual growth in the MTA of 2.4% to 2026, underpinned by the strong forecast average annual growth in the secondary south sector of 10.8%^
- Strong demographic characteristics - Per capita & household incomes in excess of 45%* and 25%* greater than non-metropolitan NSW and Australian averages respectively^
- High representation of national and/or chain retailers, which secure 88%* of GLAR and 83%* of gross income
- Fully leased net income as at 30 April 2014 of $5,500,000*
* Approx.
^ MacroPlan Dimasi, March 2014