retail
Retail - Shopping Cenre
Land/Development
ID 322177UpdatedSaleOrange Homemaker Centre
168 Lone Pine Avenue
Orange, New South Wales, 2800
Please contact us for price
- Size17,867 SQM
Sam Hatcher
Senior Director, Retail Investments - Australia
Agent details
Jacob Swan
Senior Director, Retail Investments - Australia
Agent details
- Description
- Building Information
- Location
- Agents
Description
THE ONLY TRUE LARGE FORMAT PRECINCT IN GREATER ORANGE
JLL Retail Investments and Stonebridge are pleased to offer for sale a dominant 17,867sqm large format retail centre and development land, situated across four (4) titles with a total site area of 45,043sqm – Orange Homemakers Centre.
Located at the intersection of Lone Pine Road and Bathurst Street (Mitchell Highway), the Centre comprises a highly convenient and accessible location. Convenience is further enhanced by the 594 on-grade car parks provided (of which 252 are on Community Title).
A number of key investment highlights listed below:
• Land rich homemaker centre with strong national tenant representation via Harvey Norman, Jaycar, Super Cheap Auto, Autobarn, Sheridan, Spotlight & BCF.
• Secure income profile with 5.1 year WALE (by income), anchored by an expanding Harvey Norman on a new lease to 2031.
• Opportunity to reposition & expand with multiple development outcomes on 4.5 hectares of land over 4 lots.
• Flexibility of beneficial B5 "Business Development" zoning
• Fully leased net income $1.77million* p.a. (average rent $149/sqm).
*Approx.
The investment opportunity is being formally offered by way of an Expressions of Interest campaign closing Tuesday 15th December 2020 at 2pm (AEDT). To obtain further information, or to arrange and inspection, please contact one of the JLL or
Stonebridge agents.
JLL Retail Investments and Stonebridge are pleased to offer for sale a dominant 17,867sqm large format retail centre and development land, situated across four (4) titles with a total site area of 45,043sqm – Orange Homemakers Centre.
Located at the intersection of Lone Pine Road and Bathurst Street (Mitchell Highway), the Centre comprises a highly convenient and accessible location. Convenience is further enhanced by the 594 on-grade car parks provided (of which 252 are on Community Title).
A number of key investment highlights listed below:
• Land rich homemaker centre with strong national tenant representation via Harvey Norman, Jaycar, Super Cheap Auto, Autobarn, Sheridan, Spotlight & BCF.
• Secure income profile with 5.1 year WALE (by income), anchored by an expanding Harvey Norman on a new lease to 2031.
• Opportunity to reposition & expand with multiple development outcomes on 4.5 hectares of land over 4 lots.
• Flexibility of beneficial B5 "Business Development" zoning
• Fully leased net income $1.77million* p.a. (average rent $149/sqm).
*Approx.
The investment opportunity is being formally offered by way of an Expressions of Interest campaign closing Tuesday 15th December 2020 at 2pm (AEDT). To obtain further information, or to arrange and inspection, please contact one of the JLL or
Stonebridge agents.
Location
Agents
Sam Hatcher
Senior Director, Retail Investments - Australia
Agent details
Jacob Swan
Senior Director, Retail Investments - Australia
Agent details