Trophy Sydney Upper North Shore Neighbourhood Centre with Exceptional Supermarket Performance

Thornleigh Marketplace, 2-12 The Comenarra Parkway, Thornleigh, New South Wales 2120

Retail For Sale

For Sale

Description

Thornleigh Marketplace is a prime neighbourhood shopping centre with exceptional supermarket performance, located in Sydney's affluent upper North Shore.

A rare 27 year lease to Woolworths and Dan Murphy’s Liquor expires in 2038, with four further 10 year options, accounting for 73%* of the centres GLA. Thornleigh Marketplace provides the only full line supermarket in the Main Trade Area.

National and chain tenants account for approximately 82% of the Centre’s GLA and 80% of the Centres gross passing income. Drawcard specialty tenants include Australia Post, CTC, Stepz Fitness and Discount Drug Store.

Thornleigh Marketplace occupies a 8,632 sqm* site which benefits from flexible “B2 – Local Centre” and “B6 –Enterprise Corridor” zoning that allow for Shop Top Housing. The centre is strategically located 350 metres* from Thornleigh Train Station.

*Approximately
^LocationIQ, March 2018

Features

  • Fully leased NOI $2.517 million*
  • Rare 27 year lease to Woolworths
  • WALE of 15 years* by GLA
  • ONLY ‘full line’ supermarket in MTA
  • Strategic 8,632 sqm* land holding

Specifications

Anchor Tenants Woolworths

Transaction Details

18 Jun 2018
Thornleigh Marketplace, 2-12 Comenarra Parkway, THORNLEIGH NSW 2120, AUSTRALIA

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