retail
ID 303042UpdatedSoldFairfield Heights Woolworths
176 The Boulevarde
Fairfield Heights, New South Wales, 2165
Please contact us for price
- Size
3,703 SQM
- Description
- Building Information
- Location
- Agents
Description
Highly secure Woolworths anchored portfolio
JLL is pleased to exclusively present an opportunity to acquire three Woolworths Group anchored retail properties located in New South Wales (‘The Portfolio’).
This Portfolio offers a secure and stable income and the potential for capital growth with the major anchor being Woolworths Group, trading as Woolworths supermarkets (two properties) and Dan Murphy’s (one property).
Key Investment Highlights of Fairfield Heights Woolworths, NSW include:
• Freestanding full-line 3,361sqm Woolworths Supermarket with two supporting specialty shops (342sqm)
• Secured by 15 year initial term expiring 2033 with 4 x 10 year options and guaranteed minimum base rent review of 5% every five years
• Prominent 5,145sqm* site located along the main retail strip in the centre of Fairfield Heights
• Woolworths trades consistently with positive MAT growth for the last two years
• Estimated Net income of $1,338,753 pa* as at 30 September 2019
• Highly secure Woolworths anchored portfolio
The investment opportunity is being formally offered individually or in-one-line via an Expressions of Interest (‘EOI’) campaign closing 4pm (AEDST) Thursday 29 August 2019.
JLL is pleased to exclusively present an opportunity to acquire three Woolworths Group anchored retail properties located in New South Wales (‘The Portfolio’).
This Portfolio offers a secure and stable income and the potential for capital growth with the major anchor being Woolworths Group, trading as Woolworths supermarkets (two properties) and Dan Murphy’s (one property).
Key Investment Highlights of Fairfield Heights Woolworths, NSW include:
• Freestanding full-line 3,361sqm Woolworths Supermarket with two supporting specialty shops (342sqm)
• Secured by 15 year initial term expiring 2033 with 4 x 10 year options and guaranteed minimum base rent review of 5% every five years
• Prominent 5,145sqm* site located along the main retail strip in the centre of Fairfield Heights
• Woolworths trades consistently with positive MAT growth for the last two years
• Estimated Net income of $1,338,753 pa* as at 30 September 2019
• Highly secure Woolworths anchored portfolio
The investment opportunity is being formally offered individually or in-one-line via an Expressions of Interest (‘EOI’) campaign closing 4pm (AEDST) Thursday 29 August 2019.
Location
Agent
![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