Stonebridge is pleased to present ‘ALDI Corrimal (Wollongong)’ for sale via Expressions of Interest closing on Thursday 18 April at 3pm (AEST).

The asset has the following key investment features:

• Secure 15 year lease to 2034 + options to 2049, with favourable CPI rent increases capped at 4%
• ALDI – Blue chip supermarket retailer, established in 1913 with 10,000+ locations worldwide, 13.2% sales growth YoY^
• Rarely offered 1,790 sqm* ALDI supermarket with 55 dedicated carparking spaces
• Modern supermarket featuring the latest corporate branding and striking fitout opened in 2019 and offering excellent depreciation benefits
• Prominent 230m* triple street frontage to Underwood Street, Betram Lane and Russell Street
• Seamlessly integrated into premium ‘Verge’ mixed use development, with strong-performing Little Zak’s Academy childcare, 49 high-end residential units, plus 4 retail shops
• Highly connected location – 400 metres to key arterial Memorial Drive (28,308+ vehicles daily) and adjacent to Princes Highway, set to benefit from $15 billion* upgrade programme
• Corrimal – Booming residential and commercial hub with $155 million development pipeline and host to separate Woolworths and Coles anchored shopping centres
• Wollongong – Gateway location only 90 mins south of Sydney, with population forecast to increase 26% to 270,000 by 2041
• Net Income $495,114 pa* + GST

*Approximately

‘ALDI Corrimal (Wollongong)’ for sale via Expressions of Interest closing on Thursday 18 April at 3pm (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.