Stonebridge Property Group, in conjunction with LCI Partners, is pleased to offer to market Woolworths Kurri Kurri a rare opportunity to develop a DA approved neighbourhood shopping centre anchored by a full-line Woolworths supermarket.
Woolworths Kurri Kurri is positioned in the heart of Kurri Kurri, opposite ALDI and adjoining KFC. Kurri Kurri benefits from a large and growing immediate catchment, and forms part of the Cessnock LGA - the second fastest growing LGA in NSW.
Woolworths Kurri Kurri is secured by a brand new 10 year lease to ASX-listed Woolworths and supported by a 10 year lease to Priceline Pharmacy plus two additional specialty retailers.
The key highlights of this rare opportunity include:
- DA approved stamped plans to develop a full line Woolworths supermarket and neighbourhood shopping centre, ready for immediate construction.
- Underpinned by a brand new 10 year lease to ASX listed Woolworths Group.
- Complimented by a 10 year lease to Priceline Pharmacy and supported by an additional two specialty retailers.
- Limited immediate competition with only one other full line supermarket servicing a growing catchment.
- Located in the heart of Kurri Kurri, 35 kilometres west of Newcastle, in the booming hunter region of NSW.
- 19,700 people within an immediate 5 kilometre catchment. Part of the Cessnock LGA, the second fastest growing LGA in NSW, growing at 3.8% annually through to 20413.
- Proposed 177 car parks and two street frontages totaling 150m* provide ease of access for customers.
Woolworths Kurri Kurri is For Sale via Expressions of Interest closing Thursday 7th November 2024 at 3:00pm (AEDT).
For further information, or to arrange an inspection, please contact the exclusive selling agents.
*Approximately
3 Cessnock City Council Dec 2023