Colliers are excited to present for sale, North Kellyville Square, a rare opportunity to acquire a trophy Woolworths anchored neighbourhood centre, offered to the market for the first time since its development. Significantly, it is only the second freehold neighbourhood centre in NSW to be publicly offered in 2026.
Completed in 2017, the 6,878m2 centre occupies a prominent 11,641m2 Sydney metropolitan freehold site. Anchored by a high-performing Woolworths and BWS, the Centre is complemented by 19 specialty retailers, 3 kiosks and an ATM, all supported by a 336 convenient on-grade and basemen car parking spaces.
The Centre offers a highly secure long-term income stream, underpinned by a 8.3 year WALE (by area) and exceptional rental growth. Income growth is supported by rare five-yearly Woolworths reviews (the lessor of 5% fixed or cumulative CPI), paired with annual rental reviews across all remaining tenants ranging from fixed 3% to CPI + 1.25%.
• Woolworths and BWs secure 67% of GLA and trade 30% above benchmark1
• 98% of GLA is secured by net or semi-gross lease structures, heavily minimising future outgoings risk.
• A long WALE of 8.3 years by GLA and 6.5 years by Income providing exceptional long-term income security.
• Highly affluent location with household incomes 35% above the Greater Sydney benchmark1.
• $349k in rental uplift (10% of the NOI) by November 2027 through secured early renewals, HOAs and forecast rental reviews.
• Woolworths and BWS trade ~30% above the benchmark with specialty ‘Total Retail’ MAT sales/sqm trading ~19% above the benchmark².
• MTA retail spending Is projected to increase to $1.639 billion by 20246, representing an average growth rate of 3.8% p.a¹.
Expressions of Interest closing 2.00pm (AEST) on Wednesday, 26 August 2026.
¹ Location IQ Report – North Kellyville Square
² Urbis Benchmark
*approx.
Remember to mention you found this property on CommercialReady
Colliers are excited to present for sale, North Kellyville Square, a rare opportunity to acquire a trophy Woolworths anchored neighbourhood centre, offered to the market for the first time since its development. Significantly, it is only the second freehold neighbourhood centre in NSW to be publicly offered in 2026.
Completed in 2017, the 6,878m2 centre occupies a prominent 11,641m2 Sydney metropolitan freehold site. Anchored by a high-performing Woolworths and BWS, the Centre is complemented by 19 specialty retailers, 3 kiosks and an ATM, all supported by a 336 convenient on-grade and basemen car parking spaces.
The Centre offers a highly secure long-term income stream, underpinned by a 8.3 year WALE (by area) and exceptional rental growth. Income growth is supported by rare five-yearly Woolworths reviews (the lessor of 5% fixed or cumulative CPI), paired with annual rental reviews across all remaining tenants ranging from fixed 3% to CPI + 1.25%.
• Woolworths and BWs secure 67% of GLA and trade 30% above benchmark1
• 98% of GLA is secured by net or semi-gross lease structures, heavily minimising future outgoings risk.
• A long WALE of 8.3 years by GLA and 6.5 years by Income providing exceptional long-term income security.
• Highly affluent location with household incomes 35% above the Greater Sydney benchmark1.
• $349k in rental uplift (10% of the NOI) by November 2027 through secured early renewals, HOAs and forecast rental reviews.
• Woolworths and BWS trade ~30% above the benchmark with specialty ‘Total Retail’ MAT sales/sqm trading ~19% above the benchmark².
• MTA retail spending Is projected to increase to $1.639 billion by 20246, representing an average growth rate of 3.8% p.a¹.
Expressions of Interest closing 2.00pm (AEST) on Wednesday, 26 August 2026.
¹ Location IQ Report – North Kellyville Square
² Urbis Benchmark
*approx.
Remember to mention you found this property on CommercialReady
North Kellyville Square 46 Withers Road, North Kellyville, NSW, 2155
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