Stonebridge and McVay Real Estate are pleased to present for sale Cherrybrook Village, a premium neighbourhood shopping centre in an affluent Sydney metropolitan location.

The key highlights of Cherrybrook Village include:

• Located in the highly affluent suburb of Cherrybrook, in Sydney’s north west
• A 9,382 sqm neighbourhood shopping centre positioned on an expansive 3.0 hectare site
• Anchored by a high-performing Woolworths and longstanding greengrocer
• 51 specialty shops comprising predominantly fresh food and service based tenants and 441 car parks*
• 98% occupancy rate, with over 60% of tenants having occupied the centre for 15+ years
• An established trade area of 74,280, with household incomes 27% above the Sydney Metro average¹
• Centre sales productivity is 35% higher than the single supermarket benchmark¹
• Substantial current trade area retail expenditure of $1.3 billion, with forecast growth of 3.3% p.a.¹
• Considerable surplus GFA for future expansion or redevelopment
• Fully leased net operating income of $6,662,000 per annum*

¹Location IQ

*Approximate

Cherrybrook Village is for sale via Expressions of Interest closing 4pm (AEST), Thursday 27^th May 2021.

To obtain further information or to arrange an inspection, please contact the selling agents.