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Woolworths Umina Beach 261-275 West Street, Umina Beach, NSW, 2257

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Woolworths Umina Beach 261-275 West Street, Umina Beach, NSW, 2257

Woolworths Umina Beach 261-275 West Street, Umina Beach, NSW, 2257

Properties / Sold / New South Wales / Umina Beach
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Closing 2.00pm (AEDT) on Thursday, 17th October 2024
Land Area
4,451 m² (*approx)
Property Type
Retail
Sub-type
Large Format
Terms
18-year lease with options until 2071
Fully Leased
Woolworths
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2. Property Highlights

High Performing Freestanding NSW Woolworths Supermarket Paying Percentage Rent
  • 100% of income secured by Woolworths Group
  • 18-year lease with options until 2071
  • Largest Supermarket offering in the MTA⁴

Colliers Retail Middle Markets team are excited to offer for sale Woolworths Umina Beach. The high performing freestanding Woolworths supermarket occupies a strategic position on the NSW Central Coast, less than 90 kilometres north of Sydney CBD.

Developed by Fabcot (Woolworths Group) in 2011, Woolworths Umina Beach is a single level 3,865m² full-line supermarket serviced by a convenient 118 space basement level car park on title. Woolworths Umina Beach is the largest supermarket offering in the MTA with a current population of 40,093 residents.

Woolworths features a strong trading history and is currently trading 20% above the Urbis benchmark³. The Woolworths supermarket is secured by a rare 18-year lease (exp. 2031), featuring attractive 10-year options periods, and is paying percentage rent.

- Woolworths performing 20% above the Urbis Benchmark3

- MTA of 40,093 people, population density 10x the Central Coast average²

- Woolworths sales forecast to grow 2.4% annually to 2034⁴

- Easily accessible Centre with 118 basement car parks

Expressions of Interest closing 2.00pm (AEDT) on Thursday, 17th October 2024.

¹ ABS

² Idcommunity

³ 2023 Urbis Benchmark

⁴ Location IQ Report – August 2024

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Large Format
Tenant
Woolworths
Terms
18-year lease with options until 2071
Land Area
4,451 m² (*approx)
Selling Method
EOI
EOI Closing Date
17 Oct 2024 02:00PM
Selling Details
Closing 2.00pm (AEDT) on Thursday, 17th October 2024

2. Property Highlights

High Performing Freestanding NSW Woolworths Supermarket Paying Percentage Rent
  • 100% of income secured by Woolworths Group
  • 18-year lease with options until 2071
  • Largest Supermarket offering in the MTA⁴

Colliers Retail Middle Markets team are excited to offer for sale Woolworths Umina Beach. The high performing freestanding Woolworths supermarket occupies a strategic position on the NSW Central Coast, less than 90 kilometres north of Sydney CBD.

Developed by Fabcot (Woolworths Group) in 2011, Woolworths Umina Beach is a single level 3,865m² full-line supermarket serviced by a convenient 118 space basement level car park on title. Woolworths Umina Beach is the largest supermarket offering in the MTA with a current population of 40,093 residents.

Woolworths features a strong trading history and is currently trading 20% above the Urbis benchmark³. The Woolworths supermarket is secured by a rare 18-year lease (exp. 2031), featuring attractive 10-year options periods, and is paying percentage rent.

- Woolworths performing 20% above the Urbis Benchmark3

- MTA of 40,093 people, population density 10x the Central Coast average²

- Woolworths sales forecast to grow 2.4% annually to 2034⁴

- Easily accessible Centre with 118 basement car parks

Expressions of Interest closing 2.00pm (AEDT) on Thursday, 17th October 2024.

¹ ABS

² Idcommunity

³ 2023 Urbis Benchmark

⁴ Location IQ Report – August 2024

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

Woolworths Umina Beach 261-275 West Street, Umina Beach, NSW, 2257

Property Map
Woolworths Umina Beach 261-275 West Street, Umina Beach, NSW, 2257 Umina Beach
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