Colliers are excited to present an opportunity to acquire Lane Cove Central, a Harris Farm Markets anchored Neighbourhood Centre located in Sydney’s affluent North Shore, located just 11 kilometres from Sydney CBD. Lane Cove Central enjoys a strong local demographic, with a young, highly educated and affluent population. The area boasts a median personal weekly income 75% above the NSW average¹. This modern trophy asset is anchored by a 2,045m² Harris Farm Markets and complemented by five specialty tenants. The Centre boasts a 100% fully leased profile, underpinned by a long WALE of 5.91 years by income and GLA. Lane Cove Central benefits from 100% of income subject to annual rental review mechanisms, ensuring strong income growth. Following an extensive 2022 refurbishment, the Centre offers a contemporary, convenient retail experience with significant depreciation benefits. This is a rare opportunity to acquire a blue-chip retail asset in Sydney’s affluent North Shore. - 89% of GLA secured by national and/or chain tenants - Fully leased high-performing trophy Sydney Neighbourhood Centre - Extensively Refurbished in 2022 offering significant depreciation benefits - Lane Cove weekly median personal income 75% higher than the NSW average. Expressions of Interest closing 3.00pm (AEST) on Tuesday, 8 April 2025. ¹ ABS *All figures approximate.
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Properti ID: 504811932