Colliers, in conjunction with JLL, are excited to offer for sale Coles Richmond Mall, a high-performing Coles anchored Neighbourhood Shopping Centre strategically located 500 metres* from Richmond Station, in Sydney’s emerging northwest corridor, 40 kilometres* west of Parramatta and 65 kilometres* west of the Sydney CBD.
Recently refurbished in 2023, the single-level 5,153m² Centre serviced by an at grade 299 space council car park³ is the ultimate convenience offering. Boasting a full-line Coles & Liquorland and 11 complementary specialty tenants, the Centre stands as a high-profile investment opportunity.
• Flexible Zoning – 6,040m² site zoned E2 Commercial Centre
• National Tenant – Anchored to Coles & Liquorland and supported by 11 specialty shops
• Income Security – Coles secure 80% of GLA, with Coles MAT 18% higher than Urbis benchmark¹
• WALE – Long WALE of more than 7 years
• Recent Capital Works – Recently refurbished in 2023
• Expenditure Growth – MTA supermarket expenditure 37% higher than Sydney benchmark³
• Paying Turnover Rent – Coles paying turnover rent
¹Urbis Single Supermarket Benchmark, 2023
²Not on title
³Location IQ, 2024
*Approx.
Expressions of Interest closing 2.00pm (AEDT) on Wednesday, 27th March 2024.
Remember to mention you found this property on CommercialReady
Colliers, in conjunction with JLL, are excited to offer for sale Coles Richmond Mall, a high-performing Coles anchored Neighbourhood Shopping Centre strategically located 500 metres* from Richmond Station, in Sydney’s emerging northwest corridor, 40 kilometres* west of Parramatta and 65 kilometres* west of the Sydney CBD.
Recently refurbished in 2023, the single-level 5,153m² Centre serviced by an at grade 299 space council car park³ is the ultimate convenience offering. Boasting a full-line Coles & Liquorland and 11 complementary specialty tenants, the Centre stands as a high-profile investment opportunity.
• Flexible Zoning – 6,040m² site zoned E2 Commercial Centre
• National Tenant – Anchored to Coles & Liquorland and supported by 11 specialty shops
• Income Security – Coles secure 80% of GLA, with Coles MAT 18% higher than Urbis benchmark¹
• WALE – Long WALE of more than 7 years
• Recent Capital Works – Recently refurbished in 2023
• Expenditure Growth – MTA supermarket expenditure 37% higher than Sydney benchmark³
• Paying Turnover Rent – Coles paying turnover rent
¹Urbis Single Supermarket Benchmark, 2023
²Not on title
³Location IQ, 2024
*Approx.
Expressions of Interest closing 2.00pm (AEDT) on Wednesday, 27th March 2024.
Remember to mention you found this property on CommercialReady
Coles Richmond Mall 271 Windsor Street, Richmond, NSW, 2753