Coles Anchored Shopping Centre – Built 2008 Immaculately Presented

116-128 sharp street, cooma nsw

Price: Contact Agent

  • Centennial Plaza - Monaro Highway
  • Coles, CBA, NRMA & Reject Shop
  • 6,099sqm CBD site

Property Details

For Sale
Indicative Asking Price $11.1m / 7.75% - Fully Leased

Well established Coles Supermarket on 15 year lease until March 2023 + 2 x 10 year options to March 2043
12 specialty shops mostly with 3.5% & 4% annual rent increases
National brands include Commonwealth Bank, NRMA & Reject Shop
Central 6,099 sqm CBD site with wide Monaro Hwy retail frontage
On-site parking for 135 cars plus adjacent council car park
Fully contained centre with in-slab floor heating & built-in temperature control
83,000 average monthly door count in 2017, with impressive 4.4% & 3.5% increases for preceeding 2 years
Expansive 20,218 catchment and gateway to NSW Snowy Mountains
Strategically positioned on main Sydney/Canberra to Thredbo/Perisher arterial route with increasing tourist numbers

Passing Net Income: $697,420 pa + GST
Estimated Fully Leased Net Income: $863,520 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 4387 sqm
Land Size 6,099 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003399

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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