Positioned in the tightly held coastal suburb of Kiama Downs, this neighbourhood shopping centre offer a rare opportunity to secure a high performing essential service retail asset on a substantial 5,224m2 (approximately) freehold landholding.

The centre benefits from long standing tenants, stable income and a strong local patronage. A diverse tenant mix includes supermarket, food & beverage, hair and beauty, telecommunications and specialty retail operators.

Located minutes from Kiama and Minnamurra River, Kiama Downs is a thriving coastal community with strong household incomes, high owner occupier rates and limited commercial land supply.

Key investment highlights:

– Multiple tenancies with established fitouts
– On site customer parking
– Essential service anchored centre
– 5,225m2 (approx) freehold landholding
– CPI linked rent reviews
– Long term community tenants
– Low vacancy risk
– High growth coastal location
– Fully leased – 13 tenancies

Income Summary:

Total rent PA: $294,876.50*
Outgoings: $49,224.12*

For further information or inspections, please contact Macquarie Real Estate on 9821 4777.

*Disclaimer:
All figures, measurements and details are approximate only and subject to change without notice. We have made every effort to ensure the accuracy and reliability of the information provided; however, we make no representations or warranties regarding its completeness or accuracy. We accept no responsibility and disclaim all liability for any errors, omissions, or inaccuracies in this document. Prospective purchasers are encouraged to conduct their own inquiries to verify all details provided.