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“Value-Add" Harris Farm Anchored Shopping Centre Occupying Prominent CBD Position - #1
“Value-Add" Harris Farm Anchored Shopping Centre Occupying Prominent CBD Position - #2
“Value-Add" Harris Farm Anchored Shopping Centre Occupying Prominent CBD Position - #3
“Value-Add" Harris Farm Anchored Shopping Centre Occupying Prominent CBD Position - #4
“Value-Add" Harris Farm Anchored Shopping Centre Occupying Prominent CBD Position - #5
“Value-Add" Harris Farm Anchored Shopping Centre Occupying Prominent CBD Position - #6
“Value-Add" Harris Farm Anchored Shopping Centre Occupying Prominent CBD Position - #7
“Value-Add" Harris Farm Anchored Shopping Centre Occupying Prominent CBD Position - #8
“Value-Add" Harris Farm Anchored Shopping Centre Occupying Prominent CBD Position - #9

For Sale

Expressions of Interest closing 24th Jun 2021 Colliers
The Orange Arcade is anchored by Harris Farm, supported by Rivers and 22 specialties across 5,516 sqm of GLA and a substantial 3,677 sqm freehold site. The Centre has a secure income profile with 83% of income provided by Harris Farm, F&B and service retailers, and a WALE of 2.9 years by area and 3.7 years by income. Significant value-add potential exists via conservative specialty rents coming up to Market Rent Reviews, remixing the tenancy profile and leasing-up as well as both internal and external refurbishments.

Orange is located approximately 55 kms west of Bathurst and 255 kms west of Sydney CBD in the Central West Region of New South Wales. The city is regarded as the major economic and cultural capital of the Central West Region. The Orange Arcade is strategically positioned in the retail heart of the Orange CBD and serves as a vital pedestrian thoroughfare connecting the main retail strip to the dominant public parking at rear.

Over 42,500 people reside in the Orange LGA serving as the immediate catchment with a further 86,200 people in the wider Central West Region. The trade area for The Orange Arcade is reflective of an affluent family demographic which underpins retail spending. Both family structures and household incomes of the Orange LGA exceed the averages of the Central West Region and Regional NSW.

The Orange Arcade is Being Offered For Sale via Expressions of Interest Closing Thursday, 24 June 2021 at 2:00pm (AEST)

In Conjunction with Benchmark Commercial
  • 30/08/2021
  • Contact our experts for details on this transaction