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Galston Village Shopping Centre 346 Galston Road
Galston NSW 2159
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Sold on 30 Sep 2024

Galston Village Shopping Centre 346 Galston Road Galston NSW 2159

  • Shop & Retail
  • 2,541 m²
  • Sold

100% Fully Leased Sydney Metro Neighbourhood Centre Featuring New ALDI 10-Year Lease Extension

  • 100% Fully Leased
  • 100% of Income with CPI or Fixed Reviews
  • Long Wale Over 7 Years

Colliers are excited to present an opportunity to acquire a 100% fully leased ALDI anchored neighbourhood shopping centre, situated in the Hornsby Shire, 38 kilometres northwest of Sydney CBD.

Built in 2009, Galston Village Shopping Centre comprises a 2,541m² Centre anchored to ALDI and Liquorland, supported by a pharmacy, dentist, café and four other specialty tenants, serviced by a convenient under-croft car park.

80% of the Centres GLA is secured by essential service retailers, offering a highly desirable and defensive convenience-based retail investment opportunity.

- ALDI and Liquorland secure 74% of the GLA
- Long WALE of more than 7 years
- 100% of income profile with CPI or fixed rental reviews
- Award winning construction 2010 Master Builders Association (MBA) Excellence in Construction Award
- Average specialty rent 24% below Urbis Benchmark¹
- Over 80% of GLA and income secured by essential service retailers
- New 10-year lease extension to ALDI with options until 2044

Expressions of Interest closing 2.00pm (AEST) on Wednesday, 18 September 2024.

¹ Urbis Benchmark, 2023
*Figures are approximate only

Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold30 Sep 2024
Floor Area2,541 m²
Land Area3,993 m²
Parking88 x Onsite parkings
Property ID2019437328
Category
Last updated  30 Sep 2024
Map for Galston Village Shopping Centre 346 Galston Road Galston NSW 2159

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Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold30 Sep 2024
Floor Area2,541 m²
Land Area3,993 m²
Parking88 x Onsite parkings
Property ID2019437328
Category
Last updated  30 Sep 2024

Co-Agents

James Wilson
James Wilson
Colliers International - Sydney
Call
+61 402 079 304
Ben Wilkinson
Colliers International - Sydney
Call
+61 449 928 840

More about Galston Village Shopping Centre 346 Galston Road Galston NSW 2159

Galston Village Shopping Centre 346 Galston Road Galston NSW 2159 is categorized as Shop & Retail Property. It has a floor area of 2,541 m² and a land area of 3,993 m². There are 88 x onsite parkings.The listing ID for this property is 2019437328.

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