18 Hannah Street Beecroft NSW 2119

Stonebridge, in conjunction with Knight Frank, is pleased to present for sale Beecroft Place, a rare Sydney metropolitan neighbourhood centre with a 10 year WALE (by area).

The key highlights of the opportunity include:

- High quality neighbourhood centre constructed in 2017
- Sydney metro location, 100 metres* from Beecroft station and 22km* from the Sydney CBD
- Daily needs tenancy mix featuring Woolworths, 27 specialty shops (including Priceline, BWS and medical) and 2 kiosks over 5,474 sqm*
- Rare 20-year lease to Woolworths (plus 2x10 year options)
- Fixed 5% Woolworths rental uplifts every 5 years, with the next review due in Sep-22
- Outstanding 10 year WALE (by area)
- The only supermarket in the Main Trade Area of 32,870 people¹, with high barriers to entry
- Affluent catchment, with Primary Sector household incomes 52% above Sydney metro average¹
- Significant depreciation potential
- Fully leased NOI of $3.5 million p.a., with strong income growth potential

¹Location IQ

*Approx.

Beecroft Place is for sale by Expressions of Interest closing 5pm (AEST) Wednesday 13th April 2022.
F
or further information, please contact:

Carl Molony | Stonebridge Property Group | +61 439 032 028

Graeme Russell | Knight Frank | +61 419 320 000