Katoomba Village
Secure, neighbourhood shopping centre in the tightly held NSW Blue Mountains region.
Katoomba Village is a retail shopping centre anchored by a high-performing Coles Supermarket that occupies over 86% of the centre GLA and generates $54 million in MAT.
The centre has a WALE of 7.5 years, and is 95% occupied.
ACQUISITION DATE
August 2025
PROPERTY TYPE
Neighbourhood Retail
GROSS LETTABLE AREA
5,450 sqm
SITE AREA
N/A
CAR PARKING
352 bays
KEY CHARACTERISTICS
- Replacement Cost: The acquisition price represents a material discount to replacement cost of the improvements excluding any value for the land.
- Secure Income: Anchored by a high performing Coles secured with options out to beyond 2100
- High yield: Fully lease yield of 6.9% represents substantial value over othe Neighbourhood shopping centres.
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