Brand New Woolworths Supermarket Investment With Exceptional Supermarket Performance

Woolworths Nelson Bay, 30-32 Stockton Street, Nelson Bay, New South Wales 2315

Retail For Sale

Expressions of Interest. EOI Date 21 Jun 2018

Description

Woolworths Nelson Bay comprises of a modern, strong performing freestanding supermarket featuring exceptional turnover growth. The opportunity includes a BWS liquor store and one specialty tenancy leased to a chemist.

Woolworths is positioned in the heart of Nelson Bay’s CBD, a New South Wales coastal town situated in the Port Stephens LGA, located some 150 kilometres north of Sydney CBD, and 60 kilometres north-east of Newcastle. Nelson Bay is a popular holiday destination for both domestic and international visitors, and functions as a key commercial centre for the region. The supermarket features exceptional trading performance and dominates the catchment as the main supermarket offering.

The Centre, which recently opened in April 2016, provides 184 basement car parks over two levels at a ratio of 4.2 cars per 100 metres of GLA.

Colliers International are pleased to offer Woolworths Nelson Bay for Sale by Expressions of Interest, EOI closing Thursday 21 June at 2pm (AEST)

Features

  • Brand new 12-year lease with options
  • Woolworths secures 96% of income
  • Total GLA of 4,400 sqm*
  • Fully leased net income $1,428,602 p.a*
  • Exceptional Supermarket MAT growth

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