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Galston Village Shopping Centre 346 Galston Road, Galston, NSW, 2159

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Galston Village Shopping Centre 346 Galston Road, Galston, NSW, 2159

Galston Village Shopping Centre 346 Galston Road, Galston, NSW, 2159

Properties / Sold / New South Wales / Galston
Tenanted Investment
Click to view all listings in the Portfolio

1. Property Summary

Selling Method
Contact Agent
Selling Details
Closing Wednesday 18th September at 2.00pm (AEST)
Land Area
3,993 m² (*approx)
Property Type
Retail
Sub-type
Shopping Centre, Mixed Use
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2. Property Highlights

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

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Shopping Centre, Mixed Use
Wale
7 years
Land Area
3,993 m² (*approx)
Selling Method
Contact Agent
Selling Details
Closing Wednesday 18th September at 2.00pm (AEST)

2. Property Highlights

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

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

Galston Village Shopping Centre 346 Galston Road, Galston, NSW, 2159

Property Map
Galston Village Shopping Centre 346 Galston Road, Galston, NSW, 2159 Galston
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