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Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Building Area
Land Area ()

Property Description


JLL is pleased to offer for sale on behalf of the Western Sydney University, one of the most premium investment and development opportunities in Australia – Caddens Corner.

Caddens corner comprises a significant R4 zoned residential development site and a brand new neighbourhood shopping centre, anchored by Woolworths and a range of diverse non-discretionary based retailers.

Investment Highlights

The Shopping Centre

  • Opening set for November 2020, marking one of the first ever brand new Sydney metropolitan shopping centres offered for sale
  • Designed without compromise and set to receive a 5-star green star rating
  • Value-add potential with a development approval in place for a second stage, including retail and 19 residential units
  • Anchored by a Woolworths supermarket, Childcare, Medical and a range of food & beverage tenants, supporting an 10.6 year WALE (by area)

The Land

  • 3.3ha* of prime Sydney development land
  • Strategically located in Sydney’s western growth corridor & adjoining Western Sydney University & TAFE NSW
  • Attractive high density R4 zoned land, allowing for a range of residential development options
  • Supporting significant population growth fundamentals of 1.7% p.a. until 20311

* Approximate, subject to confirmation upon subdivision and registration of the Deposited Plan

1. Macroplan Demographic Report, September 2020.

Last Updated Date: 17 Mar 2021
Nick Willis
Senior Director, Capital Markets Transactions
Sam Hatcher
Sam Hatcher
Joint Head of Retail Investments - Australia

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Last Updated Date: 17 Mar 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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