Stonebridge and CBRE, are pleased to present to market Bathurst Chase Shopping Centre – an outstanding opportunity to acquire a strongly performing convenience and service focused neighbourhood shopping centre located within the Bathurst CBD.

Key Highlights include:

• Highly productive supermarket, being the only Coles within the Bathurst region, secured on a rare net lease with a further 2 x 10 year options
• Prime location positioned in the heart of the Bathurst CBD, with excellent exposure to the main retail precinct along William Street
• Exceptional income security with 66% of gross income leased by the ASX listed Coles Group (i.e. Coles & Liquorland)
• In-built rental income growth profile, all specialties subject to annual CPI or fixed reviews, with Coles contributing percentage rent, providing strong income growth prospects
• Strong regional economic hub Bathurst is one of the largest and fastest growing regional cities in NSW, retail expenditure forecast to reach $1.34 billion by 2041 (+3.7% p.a.)
• Established trade area population of 43,850 residents, forecast to grow by 1.3% p.a. (almost double the NSW non-metro average) to reach 56,170 by 2041
• Immediate value-add and income enhancement opportunities via active leasing and management initiatives
• $1.5 million fully leased net operating income

Bathurst Chase Shopping Centre is For Sale via Expressions of Interest, for further information please contact the selling agents.