Arndale Shopping Centre 460-470 Torrens Road Kilkenny SA 5009

Arndale Shopping Centre, Adelaide SA

Colliers in conjunction with Dulwich Lane are delighted to offer for sale a 100% interest in Arndale Shopping Centre, a bustling sub-regional centre in Adelaide's northwestern suburbs, only 7.5 kilometres from the Adelaide CBD and benefitting from excellent accessibility.

Conveniently set across a single level, the Centre has a triple supermarket offering, securely anchored by leading national retailers Woolworths, Aldi, Romeo's Foodland, Big W, Harris Scarfe and Hoyts Cinemas. The major tenants provide strong security of income with an attractive major WALE of 7.03 years by area and 7.44 years by income.

Arndale Shopping Centre occupies a landmark 107,061sqm site with a low site coverage ratio, offering immediate value-add and development potential (STCA).

Investment Highlights
• Triple supermarket anchored centre
• $198.3 million centre MAT¹
• 5.3 million annual foot traffic²
• High profile 10.7-ha site with 5 street frontages
• Immediate value-add opportunities
• Expansive trade area population of 293,001³
• No stamp duty payable

This exciting opportunity to invest into Adelaide, Australia's strongest economy and the only state exempt from stamp duty is being exclusively marketed through an International Expression of Interest (EOI) campaign closing 2:00pm Australian Eastern Standard Time (AEST) on Thursday, 29th August 2024.

For further information on the sale process or to arrange an inspection of Arndale Shopping Centre, please contact Lachlan MacGillivray of Colliers or Matthew Lane from Dulwich Lane.

* All figures approximate and site boundary outlines indicative only.
¹ MAT is GST inc. as at Jun-24 and includes Aldi sales estimate
² Foot traffic as at Jun-24
³ Location IQ, Armada Arndale, July 2024
Colliers International (SA) Pty Ltd, Licence No: 204 & Dulwich Lane RLA 333873