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Coles Richmond Mall 271 Windsor Street, Richmond, NSW, 2753

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Coles Richmond Mall 271 Windsor Street, Richmond, NSW, 2753

Coles Richmond Mall 271 Windsor Street, Richmond, NSW, 2753

Properties / Sold / New South Wales / Richmond
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Closing 2.00pm (AEDT) on Wednesday, 27th March 2024
Land Area
6,040 m² (*approx)
Property Type
Retail
Sub-type
Shopping Centre
Fully Leased
Anchored to Coles & Liquorland and supported by 11 specialty shops
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2. Property Highlights

Refurbished Sydney metropolitan Neighbourhood Centre paying Coles supermarket turnover rental
  • Coles secure 80% of GLA
  • Paying percentage rent
  • Long WALE of more than 7 years

Colliers, in conjunction with JLL, are excited to offer for sale Coles Richmond Mall, a high-performing Coles anchored Neighbourhood Shopping Centre strategically located 500 metres* from Richmond Station, in Sydney’s emerging northwest corridor, 40 kilometres* west of Parramatta and 65 kilometres* west of the Sydney CBD.

Recently refurbished in 2023, the single-level 5,153m² Centre serviced by an at grade 299 space council car park³ is the ultimate convenience offering. Boasting a full-line Coles & Liquorland and 11 complementary specialty tenants, the Centre stands as a high-profile investment opportunity.

• Flexible Zoning – 6,040m² site zoned E2 Commercial Centre

• National Tenant – Anchored to Coles & Liquorland and supported by 11 specialty shops

• Income Security – Coles secure 80% of GLA, with Coles MAT 18% higher than Urbis benchmark¹

• WALE – Long WALE of more than 7 years

• Recent Capital Works – Recently refurbished in 2023

• Expenditure Growth – MTA supermarket expenditure 37% higher than Sydney benchmark³

• Paying Turnover Rent – Coles paying turnover rent

¹Urbis Single Supermarket Benchmark, 2023

²Not on title

³Location IQ, 2024

*Approx.

Expressions of Interest closing 2.00pm (AEDT) on Wednesday, 27th March 2024.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Shopping Centre
Tenant
Anchored to Coles & Liquorland and supported by 11 specialty shops
Land Area
6,040 m² (*approx)
Selling Method
EOI
EOI Closing Date
27 Mar 2024 02:00PM
Selling Details
Closing 2.00pm (AEDT) on Wednesday, 27th March 2024

2. Property Highlights

Refurbished Sydney metropolitan Neighbourhood Centre paying Coles supermarket turnover rental
  • Coles secure 80% of GLA
  • Paying percentage rent
  • Long WALE of more than 7 years

Colliers, in conjunction with JLL, are excited to offer for sale Coles Richmond Mall, a high-performing Coles anchored Neighbourhood Shopping Centre strategically located 500 metres* from Richmond Station, in Sydney’s emerging northwest corridor, 40 kilometres* west of Parramatta and 65 kilometres* west of the Sydney CBD.

Recently refurbished in 2023, the single-level 5,153m² Centre serviced by an at grade 299 space council car park³ is the ultimate convenience offering. Boasting a full-line Coles & Liquorland and 11 complementary specialty tenants, the Centre stands as a high-profile investment opportunity.

• Flexible Zoning – 6,040m² site zoned E2 Commercial Centre

• National Tenant – Anchored to Coles & Liquorland and supported by 11 specialty shops

• Income Security – Coles secure 80% of GLA, with Coles MAT 18% higher than Urbis benchmark¹

• WALE – Long WALE of more than 7 years

• Recent Capital Works – Recently refurbished in 2023

• Expenditure Growth – MTA supermarket expenditure 37% higher than Sydney benchmark³

• Paying Turnover Rent – Coles paying turnover rent

¹Urbis Single Supermarket Benchmark, 2023

²Not on title

³Location IQ, 2024

*Approx.

Expressions of Interest closing 2.00pm (AEDT) on Wednesday, 27th March 2024.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

Coles Richmond Mall 271 Windsor Street, Richmond, NSW, 2753

Property Map
Coles Richmond Mall 271 Windsor Street, Richmond, NSW, 2753 Richmond
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