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