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

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.

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3. Property Location

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

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4. Due Diligence

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