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Property Description

AN UNPRECEDENTED SYDNEY METROPOLITAN OPPORTUNITY


JLL is pleased to offer for sale on behalf of the Western Sydney University, one of the most premium investment and development opportunities in Australia – Caddens Corner.


Caddens corner comprises a significant R4 zoned residential development site and a brand new neighbourhood shopping centre, anchored by Woolworths and a range of diverse non-discretionary based retailers.


Caddens Corner is being offered for sale in-one-line or individually, by way of expressions of interest, closing Wednesday 28th October at 2:00pm (AEDT). Western Sydney University will consider the sale of the development land either directly or as a potential structured joint venture.


* Approximate, subject to confirmation upon subdivision and registration of the Deposited Plan

1. Macroplan Demographic Report, September 2020.

Investment Highlights

The Shopping Centre

  • Opening set for November 2020, marking one of the first ever brand new Sydney metropolitan shopping centres offered for sale
  • Designed without compromise and set to receive a 5-star green star rating
  • Value-add potential with a development approval in place for a second stage, including retail and 19 residential units
  • Anchored by a Woolworths supermarket, Childcare, Medical and a range of food & beverage tenants, supporting an 10.6 year WALE (by area)


The Land

  • 3.3ha* of prime Sydney development land
  • Strategically located in Sydney’s western growth corridor & adjoining Western Sydney University & TAFE NSW
  • Attractive high density R4 zoned land, allowing for a range of residential development options
  • Supporting significant population growth fundamentals of 1.7% p.a. until 20311


* Approximate, subject to confirmation upon subdivision and registration of the Deposited Plan

1. Macroplan Demographic Report, September 2020.

Last Updated Date: 07 Oct 2020
Nick Willis
Director, Retail Investments
Sam Hatcher
Sam Hatcher
Head of Retail Investments - Australia

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Last Updated Date: 07 Oct 2020

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