Stonebridge, in conjunction with Colliers, is pleased to present for sale Jesmond Shopping Centre, a high quality sub-regional centre in a dynamic metropolitan city.

The key highlights of the opportunity include:

• Located 10km* west of the Newcastle CBD. Newcastle is NSW’s largest regional city by population¹
• Positioned between John Hunter Hospital and the University of Newcastle
• Woolworths, Aldi and Big W + 1 mini-major, 65 specialties, 4 kiosks & 2 pad sites over a GLA of 20,339 sqm*
• Long WALE of 7.5 years (by area)* with an occupancy rate of 97.9%*
• Woolworths MAT approximately 75% in excess of National Major Supermarket average²
• Total Trade Area of 148,930 people and forcast to increase by 0.9% pa to 167,400 by 2031²
• Fully leased net operating income of over $10.7 million* per annum

¹Australian Bureau of Statistics
²Location IQ, July 2019
*Approximate