• Sold
Rare Sydney Metro Woolworths Supermarket Featuring Exceptional Sales Performance and Development Potential (STCA)
Rare Sydney Metro Woolworths Supermarket Featuring Exceptional Sales Performance and Development Potential (STCA)
Rare Sydney Metro Woolworths Supermarket Featuring Exceptional Sales Performance and Development Potential (STCA)
Rare Sydney Metro Woolworths Supermarket Featuring Exceptional Sales Performance and Development Potential (STCA)
Rare Sydney Metro Woolworths Supermarket Featuring Exceptional Sales Performance and Development Potential (STCA)
Rare Sydney Metro Woolworths Supermarket Featuring Exceptional Sales Performance and Development Potential (STCA)
Colliers International is proud to offer for sale Woolworths Ermington, a high performing Woolworths supermarket that is trading 60% above the national average (MAT/sqm)^, resulting in low occupancy costs and currently producing significant turnover rental.

Woolworths Ermington presents as a rare opportunity to secure a freestanding supermarket, located 19 kilometres west from the Sydney CBD. The property’s 2,966 square metre site area, flexible "B2-Local Centre" zoning, and Woolworths short lease profile (exp. 2021), allows investors imminent redevelopment potential.

Key investment highlights include:
•Estimated net income $677,391 p.a.
•100% income secured by Woolworths (exp. 2021)
•Woolworths paying turnover rent
•Trading 60% above the national benchmark (MAT/sqm)^
•Attractive "B2 - Local centre" zoning
•Income growth potential given low occupancy cost
•Exposure to 21.9 million vehicles annually^

Woolworths Ermington is being offered for sale via Expressions of Interest, closing at 2.00pm (AEST) Thursday 29 November, 2018.

Property Details

  • 25/04/2020
  • Contact our experts for details on this transaction