Cushman & Wakefield is pleased to present to the market 125 Lakelands Drive, Dapto (Wollongong) for Sale via Auction.
The property has the following key characteristics:
- Leased to 2024 + options to 2034
- Woolworths Group Limited – ASX listed top 20 company with over 1,100 BWS liquor stores nationally
- IGA – Leading Australian chain of convenience supermarkets with over 1,400 locations nationally
- Rare affordable non-discretionary neighbourhood shopping centre underpinned by complimentary tenancy mix incl. national supermarket, liquor and newsagency.
- Significant 3,966 sqm corner site with low site coverage offering further value-add potential
- Strategic shopping destination – Popular local grocery & liquor store within Dapto’s core residential precinct
- Strong retail catchment in proximity to national retailers incl. 7-Eleven, McDonalds, Aldi, AMP owned Dapto Shopping Centre & Dapto Train Station
- Dapto – Highly sought after NSW South Coast location 15km to Wollongong CBD
- Net Income $199,493 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction on Thursday 25 November at 11am AEDT. The Auction will be held at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney.
Prospective purchasers & interested parties will have access to remote bidding facilities in both Brisbane & Melbourne as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.
Please contact the exclusively appointed Cushman & Wakefield property professionals for more information.
Remember to mention you found this property on CommercialReady.com.au
