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Woolworths Umina Beach 261-275 West Street
Umina Beach NSW 2257
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Sold on 11 Nov 2024

Woolworths Umina Beach 261-275 West Street Umina Beach NSW 2257

  • Other
  • 3,865 m²
  • Sold

High Performing Freestanding NSW Woolworths Supermarket Paying Percentage Rent

  • 100% of income secured by Woolworths Gro
  • 18-year lease with options until 2071
  • Largest Supermarket offering in the MTA

Colliers Retail Middle Markets team are excited to offer for sale Woolworths Umina Beach. The high performing freestanding Woolworths supermarket occupies a strategic position on the NSW Central Coast, less than 90 kilometres north of Sydney CBD.

Developed by Fabcot (Woolworths Group) in 2011, Woolworths Umina Beach is a single level 3,865m² full-line supermarket serviced by a convenient 118 space basement level car park on title. Woolworths Umina Beach is the largest supermarket offering in the MTA with a current population of 40,093 residents.

Woolworths features a strong trading history and is currently trading 20% above the Urbis benchmark³. The Woolworths supermarket is secured by a rare 18-year lease (exp. 2031), featuring attractive 10-year options periods, and is paying percentage rent.

- Woolworths performing 20% above the Urbis Benchmark3
- MTA of 40,093 people, population density 10x the Central Coast average²
- Woolworths sales forecast to grow 2.4% annually to 2034
- Easily accessible Centre with 118 basement car parks

Expressions of Interest closing 2.00pm (AEDT) on Thursday, 17th October 2024.

¹ ABS
² Idcommunity
³ 2023 Urbis Benchmark
Location IQ Report August 2024
*approx.

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

Property Highlights

Date Sold11 Nov 2024
Floor Area3,865 m²
Land Area4,451 m²
ParkingAsk Agent
Property ID2019498792
Category
Last updated  25 Oct 2024
Map for Woolworths Umina Beach 261-275 West Street Umina Beach NSW 2257
Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold11 Nov 2024
Floor Area3,865 m²
Land Area4,451 m²
ParkingAsk Agent
Property ID2019498792
Category
Last updated  25 Oct 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 Woolworths Umina Beach 261-275 West Street Umina Beach NSW 2257

Woolworths Umina Beach 261-275 West Street Umina Beach NSW 2257 is categorized as Other Property. It has a floor area of 3,865 m² and a land area of 4,451 m². The listing ID for this property is 2019498792.

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