Retail

SURF3 - Moama Marketplace

2 Perricoota Road Moama, NSW Australia 2731
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Tenure Type Freehold
Building Area
Land Area ()

Property Description

JLL Retail Investments is pleased to offer for sale Moama Marketplace, a thriving essential service based neighbourhood shopping centre. The asset forms part of the ‘The Ultimate Convenience Retail Portfolio’ consisting of Woolworths Woodford (QLD), Target Warrnambool (VIC) and Moama Marketplace (NSW). 

Investment Highlights

Investment Highlights:

  • Highly defensive income stream with 97% of income derived by essential services
  • Landmark 2.2 hectare site located in the Heart of Moama
  • Significant 11.33 year WALE*, underpinned by a 22 year lease to Woolworths + BWS
  • Anchored by a strong performing Woolworths supermarket with 77% of income derived by the anchor tenant
  • Value-add opportunity, through an additional 1,500sqm padsite
  • Estimated Fully Leased Net Operating Income of $1,152,140 p.a.


Moama Marketplace is for sale individually or ‘in-one-line’ by Expressions of Interest closing 4:00pm (AEST) Thursday 14th October 2021.


To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.


Stuart Taylor

0428 000 000

 

Sam Hatcher

0409 899 691


Tom Noonan

0402 319 698


Jacob Swan

0402 704 896


*by area

**Note all figures reflected above are reflected and should not solely be relied upon

Last Updated Date: 16 Sep 2021
Sam Hatcher
Sam Hatcher
Joint Head of Retail Investments - Australia
Stuart Taylor
Senior Director - Retail Investments VIC

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Last Updated Date: 16 Sep 2021

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