Colliers Retail Middle Markets are pleased to present for sale Woolworths East End Village, a recently completed, Woolworths-anchored neighbourhood shopping centre located in the heart of Newcastle’s East End.
Completed in February 2021, the Centre comprises 2,775 sqm of retail GLA anchored by a 1,120 sqm Woolworths Metro supermarket. The tenancy mix also includes 14 specialty retailers, with 75% of occupied GLA secured by national tenants, including Woolworths, Betty’s Burgers, TSG, Commonwealth Bank, Greater Bank and Banana Blossom.
• 40% of GLA is secured by Woolworths, a top 20 ASX‑listed company and Australia’s largest supermarket retailer.
• Rare Woolworths Lease with a minimum rent review mechanism of 5% every five years
• Strategically located in Newcastle’s city centre, surrounded by light rail, bus & ferry stops, supporting high visitation and foot traffic.
• 2021 completion provides purchasers with highly attractive depreciation benefits and minimal CAPEX input.
• Located in the City of Newcastle, NSW’s second largest city, which is forecast to reach 208,540 residents by 2041.
• 75% of occupied GLA secured by National Tenants.
For more information, please contact the exclusive sales agents.
Remember to mention you found this property on CommercialReady
Colliers Retail Middle Markets are pleased to present for sale Woolworths East End Village, a recently completed, Woolworths-anchored neighbourhood shopping centre located in the heart of Newcastle’s East End.
Completed in February 2021, the Centre comprises 2,775 sqm of retail GLA anchored by a 1,120 sqm Woolworths Metro supermarket. The tenancy mix also includes 14 specialty retailers, with 75% of occupied GLA secured by national tenants, including Woolworths, Betty’s Burgers, TSG, Commonwealth Bank, Greater Bank and Banana Blossom.
• 40% of GLA is secured by Woolworths, a top 20 ASX‑listed company and Australia’s largest supermarket retailer.
• Rare Woolworths Lease with a minimum rent review mechanism of 5% every five years
• Strategically located in Newcastle’s city centre, surrounded by light rail, bus & ferry stops, supporting high visitation and foot traffic.
• 2021 completion provides purchasers with highly attractive depreciation benefits and minimal CAPEX input.
• Located in the City of Newcastle, NSW’s second largest city, which is forecast to reach 208,540 residents by 2041.
• 75% of occupied GLA secured by National Tenants.
For more information, please contact the exclusive sales agents.
Remember to mention you found this property on CommercialReady
Woolworths East End Village, 5 Perkins Street, Newcastle, NSW, 2300
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