Colliers are excited to present an opportunity to acquire Lane Cove Central, a Harris Farm Markets anchored Neighbourhood Centre located in Sydney’s affluent North Shore, located just 11 kilometres from Sydney CBD.
Lane Cove Central enjoys a strong local demographic, with a young, highly educated and affluent population. The area boasts a median personal weekly income 75% above the NSW average¹.
This modern trophy asset is anchored by a 2,045m² Harris Farm Markets and complemented by five specialty tenants. The Centre boasts a 100% fully leased profile, underpinned by a long WALE of 5.91 years by income and GLA.
Lane Cove Central benefits from 100% of income subject to annual rental review mechanisms, ensuring strong income growth. Following an extensive 2022 refurbishment, the Centre offers a contemporary, convenient retail experience with significant depreciation benefits.
This is a rare opportunity to acquire a blue-chip retail asset in Sydney’s affluent North Shore.
- 89% of GLA secured by national and/or chain tenants
- Fully leased high-performing trophy Sydney Neighbourhood Centre
- Extensively Refurbished in 2022 offering significant depreciation benefits
- Lane Cove weekly median personal income 75% higher than the NSW average.
Expressions of Interest closing 3.00pm (AEST) on Tuesday, 8 April 2025.
¹ ABS
*All figures approximate.
Remember to mention you found this property on CommercialReady
Colliers are excited to present an opportunity to acquire Lane Cove Central, a Harris Farm Markets anchored Neighbourhood Centre located in Sydney’s affluent North Shore, located just 11 kilometres from Sydney CBD.
Lane Cove Central enjoys a strong local demographic, with a young, highly educated and affluent population. The area boasts a median personal weekly income 75% above the NSW average¹.
This modern trophy asset is anchored by a 2,045m² Harris Farm Markets and complemented by five specialty tenants. The Centre boasts a 100% fully leased profile, underpinned by a long WALE of 5.91 years by income and GLA.
Lane Cove Central benefits from 100% of income subject to annual rental review mechanisms, ensuring strong income growth. Following an extensive 2022 refurbishment, the Centre offers a contemporary, convenient retail experience with significant depreciation benefits.
This is a rare opportunity to acquire a blue-chip retail asset in Sydney’s affluent North Shore.
- 89% of GLA secured by national and/or chain tenants
- Fully leased high-performing trophy Sydney Neighbourhood Centre
- Extensively Refurbished in 2022 offering significant depreciation benefits
- Lane Cove weekly median personal income 75% higher than the NSW average.
Expressions of Interest closing 3.00pm (AEST) on Tuesday, 8 April 2025.
¹ ABS
*All figures approximate.
Remember to mention you found this property on CommercialReady
Lane Cove Central 56-60 Burns Bay Rd, Lane Cove, NSW, 2066