retail
ID 324143UpdatedSoldWoolworths Bulli
5 Molloy Street
Bulli, New South Wales, 2516
Please contact us for price
- Size
3,956 SQM
![Nick Willis](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1614597589/AU/OLM/AgentImage/xzafhgfzul0mz4bdehcj.jpg)
Nick Willis
Director
![Sam Hatcher](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1563929570/AU/OLM/AgentImage/wimm4lreihnywjoqnetq.jpg)
Sam Hatcher
Senior Director, Retail Investments - Australia
- Description
- Building Information
- Location
- Agents
Description
CAMPAIGN CLOSED
JLL is pleased to offer for sale Woolworths Bulli – a high performing neighbourhood centre with exceptional underlying fundamentals.
Located 12km north of Wollongong CBD, the centre provides unparalleled income security in one of NSW’s tightest geographical catchments.
• Brand-new 10 year lease to Woolworths (expiring 2031 with options)
• The last full-line supermarket before metropolitan Sydney, some 30km north
• Highly convenient and accessible site, fronting the Princes Highway & located 200 metres from Bulli Station
• Four (4) defensive non-discretionary retail tenants (Woolworths anchors 92% of the Centre’s lettable area)
• Affluent catchment with household incomes 28% above Non-metro NSW (source: ABS), and house price growth of 94% since Dec-14 (source: realestate.com.au )
• Attractive “B2 – Local Centre” zoning and 1.5:1 FSR providing flexible future mixed-use development upside
• Fully leased net income $1.45* million p.a.
JLL is pleased to offer for sale Woolworths Bulli – a high performing neighbourhood centre with exceptional underlying fundamentals.
Located 12km north of Wollongong CBD, the centre provides unparalleled income security in one of NSW’s tightest geographical catchments.
• Brand-new 10 year lease to Woolworths (expiring 2031 with options)
• The last full-line supermarket before metropolitan Sydney, some 30km north
• Highly convenient and accessible site, fronting the Princes Highway & located 200 metres from Bulli Station
• Four (4) defensive non-discretionary retail tenants (Woolworths anchors 92% of the Centre’s lettable area)
• Affluent catchment with household incomes 28% above Non-metro NSW (source: ABS), and house price growth of 94% since Dec-14 (source: realestate.com.au )
• Attractive “B2 – Local Centre” zoning and 1.5:1 FSR providing flexible future mixed-use development upside
• Fully leased net income $1.45* million p.a.
Location
Agents
![Nick Willis](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1614597589/AU/OLM/AgentImage/xzafhgfzul0mz4bdehcj.jpg)
Nick Willis
Director
![Sam Hatcher](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1563929570/AU/OLM/AgentImage/wimm4lreihnywjoqnetq.jpg)
Sam Hatcher
Senior Director, Retail Investments - Australia