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Leura Shopping Centre - 152-160 Leura Mall, Leura, NSW, 2780
Tenanted Investment
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Property Highlights

Thriving Convenience Based Neighbourhood Offering
  • Strong Performing Supermarket
  • Attractive Woolworths Lease
  • Trophy Sydney Location

JLL Retail Investments is privileged to offer the opportunity to purchase Leura Shopping Centre, a dominant Woolworths and BWS anchored neighbourhood centre, located in the heart of the Blue Mountains.

Leura Shopping Centre is anchored by a strong performing Woolworths and BWS, trading 25% above benchmarks and paying percentage rent. The centre is further supported by high-quality tenant mix comprising of four external specialties and an ATM. Being 100% occupied, the centre provides absolute income security with an attractive 8.7 year weighted average lease expiry (WALE).1,2

Leura is located at the heart of the Blue Mountains, approximately 100 kilometres from the Sydney CBD and is easily accessible by both car and train. The Blue Mountains is a World Heritage-Listed region offering a diverse range of experiences attracting visitors locally, nationally and internationally. The region is Sydney’s number one natural tourist destination, attracting more than 6.4 million visitors a year.3

Key investment highlights include:

 

Absolute Income Stream

100% leased, with a net income of $1.2 million and a highly attractive WALE of over 8.7 years

 

Attractive Woolworths Lease

Anchored by a 22-year semi-net lease to Woolworths, expiring in December 2034 with 3 x 10-year options.

 

Strong Performing Supermarket

Anchored by a strong performing Woolworths supermarket, with trade performance over 

$16,100 /sqm, 25% above benchmark.2

 

Irreplaceable Landholding

The centre is underpinned by favourable development controls being situated on Leura’s largest commercially zoned landholding.4

 

Leura Shopping Centre is being offered for sale by an expressions of interest process closing Thursday, 23rd November 2023 at 3:00pm (AEDT).

 

All figures stated are approximate.

All references to distances are as the crow flies.

All references to financial information is estimated as at 31 December 2023

1.        Weighted average lease expiry by area.

2.        Urbis Benchmark - Single Supermarket

3.        NSW Government - NSW National Parks

4.        NSW Planning Portal - Leura, E1 - Local Centre

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STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
Leura Shopping Centre - 152-160 Leura Mall, Leura, NSW, 2780
STEP 03 Contact a finance professional

Map: Leura Shopping Centre - 152-160 Leura Mall, Leura, NSW, 2780

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Due Diligence Report

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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