Home + Life Rutherford NSW 2320

JLL is privileged to present Home + Life Rutherford for sale by way of Expression of Interest closing 3:00pm (AEST), Thursday 29th August 2024.

Anchored by powerhouse national retailers Amart Furniture, Nick Scali and Anaconda, the centre is further supported by Lounge Plus Furniture and a café, providing a secure income stream with 98.0% of gross income underpinned by national and chain retailers.

Occupying a significant 28,770 sqm landholding on the New England Highway, Home + Life Rutherford provides a seamless shopping experience for patrons and is further complimented by an abundance of 317 on-grade car bays. Combined with a low site coverage of 42%, the centre supports further retail and or pad sites opportunities (STCA).

Located 27 kilometres west of Newcastle, Maitland is New South Wales' fastest growing regional area being home to nearly 96,000 residents. Maitland has consistently maintained an impressive annual growth rate of 3.14% since 2016. With the ongoing significant public and private investments in the Hunter Region, Maitland is projected to continue growing above the national average until 2041.*^

Investment Highlights

- 98% of gross income underpinned by national and chain retailers, providing a secure and defensive income stream.

- Significant 28,770 sqm landholding at the heart of Maitland's Large Format Retail precinct.

- Low site coverage of 42% and substantial landholding supports further retail and or pad sites opportunities (STCA).

- Strategically located on the New England Highway, the Centre services the broader Maitland community of 95,957 residents.*

- Maitland is NSW's fastest growing regional location, maintaining an attractive annual population growth rate of 3.14%.^

Footnotes
All figures stated are approximate.
All references to distances are as the crow flies.
All references to financial information is estimated as at 1 November 2024
*Remplan Maitland Population 2024
^Hunter Investment Prospectus 2024