Scone Village Food Emporium 223 Kelly Street, Scone, NSW 2337

Colliers are excited to present an opportunity to acquire a dominant neighbourhood shopping centre, located in the Upper Hunter Shire Region, approximately 25*km north of Muswellbrook, 130*km northwest of Newcastle CBD and 205*km north of Sydney CBD.

The strategic 4,111m² single level Neighbourhood Shopping Centre is anchored by a strong performing Coles supermarket and supported by an additional eleven (11) predominantly essential service specialty tenancies. 

The Centre presents itself as a high-profile regional offering, featuring secure income growth and minimal management. 

• Coles Supermarket accounts for 64% of GLA and 67% of Income
• 86% of Income secured by national or chain tenants 
• Minimum specialty rental reviews of 3-4% fixed or CPI
• Coles is the largest and most dominant supermarket in the catchment 
• Coles Supermarket features low occupancy cost, below benchmark 
• Average specialty rent 35.2% below Urbis Benchmark¹

Expressions of Interest closing 2.00pm (AEST) on Wednesday, 5 June 2024.

¹ Urbis Benchmark, 2023 
*approx.