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  • Sold
High Performing Woolworths anchored Neighbourhood Centre in Newcastle’s booming Western Growth Corridor - #1
High Performing Woolworths anchored Neighbourhood Centre in Newcastle’s booming Western Growth Corridor - #2
High Performing Woolworths anchored Neighbourhood Centre in Newcastle’s booming Western Growth Corridor - #3
High Performing Woolworths anchored Neighbourhood Centre in Newcastle’s booming Western Growth Corridor - #4
High Performing Woolworths anchored Neighbourhood Centre in Newcastle’s booming Western Growth Corridor - #5

For Sale

Expressions of Interest closing 28th Apr 2022 Colliers
Colliers are excited to offer for sale Cameron Park Plaza, a high performing Woolworths anchored Neighbourhood Shopping Centre strategically located in Newcastle’s booming Western Growth Corridor, 17km* from Newcastle CBD. The highly convenient offering developed by Woolworths Group's development business Fabcot was completed in late 2020 and presents exceptionally well.

The 7,037 sqm* Neighbourhood Shopping Centre is anchored by a 3,857 sqm* full line Woolworths supermarket and BWS liquor store, supported by 3 mini majors and 17 specialty tenants.

Shopping Centre Investment Highlights:
•Brand new 10 year Woolworths lease plus options
•WALE by GLA over 8 years
•90% of centre GLA secured by National / Chain retailers
•Significant depreciation benefits – completed September 2020
•Strategic 3.77 hectare site with flexible B2 zoning
•Forecast population growth almost four time NSW Non-Metro average

The Centre is expected to benefit from the catchment's exceptionally high population growth forecast, almost four times high than the NSW non-metro average.

For Sale via Expressions of Interest closing 2pm (AEST) Thursday 28 April, 2022
  • 07/06/2022
  • Contact our experts for details on this transaction