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Lane Cove Central 56-60 Burns Bay Rd, Lane Cove, NSW, 2066

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Lane Cove Central 56-60 Burns Bay Rd, Lane Cove, NSW, 2066

Lane Cove

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Lane Cove Central 56-60 Burns Bay Rd, Lane Cove, NSW, 2066

Lane Cove

Lane Cove Central 56-60 Burns Bay Rd, Lane Cove, NSW, 2066

Lane Cove Central 56-60 Burns Bay Rd, Lane Cove, NSW, 2066

Properties / Buy / New South Wales / Lane Cove
Tenanted Investment
Selling Method
EOI
Land Area
2,935 m² (*approx)
Property Type
Retail
Sub-type
Mixed Use
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100% Fully Leased Trophy Retail Investment in Sydney’s Affluent North Shore
  • Long WALE of 5.91 years by Income & GLA
  • Annual Rental Reviews for all Tenants
  • Located 11km from Sydney CBD

Colliers are excited to present an opportunity to acquire Lane Cove Central, a Harris Farm Markets anchored Neighbourhood Centre located in Sydney’s affluent North Shore, located just 11 kilometres from Sydney CBD.

Lane Cove Central enjoys a strong local demographic, with a young, highly educated and affluent population. The area boasts a median personal weekly income 75% above the NSW average¹.

This modern trophy asset is anchored by a 2,045m² Harris Farm Markets and complemented by five specialty tenants. The Centre boasts a 100% fully leased profile, underpinned by a long WALE of 5.91 years by income and GLA.

Lane Cove Central benefits from 100% of income subject to annual rental review mechanisms, ensuring strong income growth. Following an extensive 2022 refurbishment, the Centre offers a contemporary, convenient retail experience with significant depreciation benefits.

This is a rare opportunity to acquire a blue-chip retail asset in Sydney’s affluent North Shore.

- 89% of GLA secured by national and/or chain tenants

- Fully leased high-performing trophy Sydney Neighbourhood Centre

- Extensively Refurbished in 2022 offering significant depreciation benefits

- Lane Cove weekly median personal income 75% higher than the NSW average.

For sale via Expressions of Interest.

¹ ABS

*All figures approximate.

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

Investment Summary

Property Type
Retail
Sub-type
Mixed Use
Wale
5.91 years
Land Area
2,935 m² (*approx)
Selling Method
EOI
DATAROOM AVAILABLE
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Investment Highlights

100% Fully Leased Trophy Retail Investment in Sydney’s Affluent North Shore
  • Long WALE of 5.91 years by Income & GLA
  • Annual Rental Reviews for all Tenants
  • Located 11km from Sydney CBD

Colliers are excited to present an opportunity to acquire Lane Cove Central, a Harris Farm Markets anchored Neighbourhood Centre located in Sydney’s affluent North Shore, located just 11 kilometres from Sydney CBD.

Lane Cove Central enjoys a strong local demographic, with a young, highly educated and affluent population. The area boasts a median personal weekly income 75% above the NSW average¹.

This modern trophy asset is anchored by a 2,045m² Harris Farm Markets and complemented by five specialty tenants. The Centre boasts a 100% fully leased profile, underpinned by a long WALE of 5.91 years by income and GLA.

Lane Cove Central benefits from 100% of income subject to annual rental review mechanisms, ensuring strong income growth. Following an extensive 2022 refurbishment, the Centre offers a contemporary, convenient retail experience with significant depreciation benefits.

This is a rare opportunity to acquire a blue-chip retail asset in Sydney’s affluent North Shore.

- 89% of GLA secured by national and/or chain tenants

- Fully leased high-performing trophy Sydney Neighbourhood Centre

- Extensively Refurbished in 2022 offering significant depreciation benefits

- Lane Cove weekly median personal income 75% higher than the NSW average.

For sale via Expressions of Interest.

¹ ABS

*All figures approximate.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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Lane Cove Central 56-60 Burns Bay Rd, Lane Cove, NSW, 2066

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Property Location of Lane Cove Central 56-60 Burns Bay Rd, Lane Cove, NSW, 2066

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Lane Cove Central 56-60 Burns Bay Rd, Lane Cove, NSW, 2066 Lane Cove
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