Stonebridge is pleased to present ‘The Reject Shop Moss Vale (Southern Highlands)’ for sale via Expressions of Interest closing
The asset has the following key investment features:
- Secure commercial investment with 62%* of income tied to ASX-listed tenants, anchored by long 8 year lease to 2029 and delivering sustained income growth via fixed 3% annual increases
- The Reject Shop – Longstanding ASX-listed retailer operating since 1981, representing one of the fastest growing discount department stores with 380+ locations nationally
- Significant 2,033 sqm* landholding boasting valuable ‘E1 Local Centre’ zoning in thriving retail strip, directly opposite strong performing supermarket and train station, plus 8 at-grade carparks
- Ideal position in thriving town centre, with 62m* dual street frontage to Illawarra Highway (15,375+ vehicles daily*) and Clarence Street, Moss Vale’s tightly held retail core
- Substantial 1,375 sqm* lettable area set across complementary retail and commercial tenancies, surrounded by national retailers including Coles, ALDI, IGA, BWS, Subway & more
- Moss Vale – Situated just 90 mins from Sydney CBD, Moss Vale represents Southern Highland’s fastest growing suburb, with population forecast to boom 22%+ by 2041*, buoyed by 123ha* ‘Ashbourne Estate’ master planned development (1,200+ new dwellings*)
- Southern Highlands – Popular, affluent residential enclave & picturesque tourism destination with $3.4 Bn* economy
- Net Income $418,666 pa* + GST
‘The Reject Shop Moss Vale (Southern Highlands)’ is for sale via Expressions of Interest closing Thursday 5 September 2024 at 3pm (AEST).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1000