WR Partners are excited to present to market for sale Newbrook Shopping Village, a ultra-convenient neighbourhood shopping centre within the rapidly growing South west corridor. Situated on a 15,600sqm site zoned B1 Neighbourhood with 18% site coverage. Newbrook Shopping Village presents a significant value-add opportunity, with potential to reconfigure the tenancy mix, develop pad sites and add further value to the Centre, enhancing income streams and capitalise on the fast growing community. Located in the thriving Newbrook hub with a population of over 3,500 people with further growth fueled by Landcoms transformational 9 stage development adding 1,780 new homes. Investment Highlights - Refurbished single level shopping centre on expensive 15,600sqm* block - Anchored by Foodworks, Chemist Warehouse, Plus Fitness, Aus Post plus 12 specialty stores - Terms agreed with multi-national fast food dive thru and multi-national service station provider - Projected total income $1,402,036.05 net per annum - Established income stream with huge rental upside via releasing, tenancy reconfiguration and redevelopment (STCA) - Surrounding retail expenditure growth of 7.5% per annum with $320 million expected by 2031 - Solid demand for retail trade within the Main Trade Area (MTA) - Strong population growth fueled by Landcom's 9 stage development with a projected population of 5,500* people - Within 3kms of Campbelltown CBD, hospital, university and train station Newbrook Shopping Village is for sale via Expressions of Interest (EOI) closing Thursday, 31st October 2024 at 5pm (AEDT) For further information or to arrange an inspection, please do not hesitate to contact the exclusive agents: Terry Hassan [email protected] 0428 885 088 Julian Monteleone [email protected] 0405 668 468
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