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

Key Facts

Building Area
Land Area ()

Property Description

THE ONLY TRUE LARGE FORMAT PRECINCT IN GREATER ORANGE


JLL Retail Investments and Stonebridge are pleased to offer for sale a dominant 17,867sqm large format retail centre and development land, situated across four (4) titles with a total site area of 45,043sqm – Orange Homemakers Centre.


Located at the intersection of Lone Pine Road and Bathurst Street (Mitchell Highway), the Centre comprises a highly convenient and accessible location. Convenience is further enhanced by the 594 on-grade car parks provided (of which 252 are on Community Title).


Investment Highlights

A number of key investment highlights listed below:


  • Land rich homemaker centre with strong national tenant representation via Harvey Norman, Jaycar, Super Cheap Auto, Autobarn, Sheridan, Spotlight & BCF.
  • Secure income profile with 5.1 year WALE (by income), anchored by an expanding Harvey Norman on a new lease to 2031.
  • Opportunity to reposition & expand with multiple development outcomes on 4.5 hectares of land over 4 lots.
  • Flexibility of beneficial B5 "Business Development" zoning
  • Fully leased net income $1.77million* p.a. (average rent $149/sqm).


*Approx.


The investment opportunity is being formally offered by way of an Expressions of Interest campaign closing Tuesday 15th December 2020 at 2pm (AEDT). To obtain further information, or to arrange and inspection, please contact one of the JLL or

Stonebridge agents.

Last Updated Date: 21 Dec 2020
Sam Hatcher
Sam Hatcher
Joint Head of Retail Investments - Australia
Nick Willis
Director, Retail Investments

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Last Updated Date: 21 Dec 2020

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