Richmond Mall_Property for Sale
Richmond Mall_Property for Sale
Windsor Street 271, Richmond, NSW, 2753, AU

Richmond Mall

Asset Description

JLL in conjunction with Colliers, 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 council car park3 is the ultimate convenient offing within Boasting a full-line Coles & Liquorland and ten complementary specialty tenants, the Centre stands as a high-profile investment opportunity. 

 

...

Attributes

Land area gross
6,040 m²
Building area net
5,153 m²
NOI
THB 49,030,000
Occupancy
100%
WAULT
7.9 years
Year renovated
2023

Media

Investment Highlights

  • Coles & Liquorland secure 80% of GLA
  • Long WALE of more than 7 years
  • Recently refurbished
  • Coles MAT 18% higher than benchmark 1
  • MTA supermarket expenditure 37% higher than Sydney benchmark 2
  • Coles turnover exceeding threshold since 20144



1 Urbis Single Supermarket Benchmark, 2023

2 Location IQ, 2024

3 Not on title

4 Except in 2019 when rent was reset 

Richmond Mall 4_Property for Sale
Richmond Mall 4_Property for Sale

Contact brokers

Richmond Mall (0 Properties)

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Last updated
4 Jun 2024