Fully Leased Retail Investment
For Sale: $5,300,000
Positioned opposite Oaks Pacific Blue Resort, adjacent to the Coles and Woolworths Shopping Centre (Salamander Bay Square), The Rigby Centre is an excellent retail investment in a well established location. The Rigby Centre is being offered with 100% occupancy, secured by anchor tenant Beds ‘R’ Us, as well as a tenant mix of national retailers, including KFC and F45.
The property is located within the Port Stephens Local Government Area, approximately 30 minutes from Newcastle, and is attractive to residents based on its location in a significant regional labour market. In 2016, the estimated resident population of Port Stephens was 71,115 people. By 2040, this is forecast to increase by 0.94%* each year to 88,920 people. The period of largest growth is expected to occur between 2031 and 2036, when the population is forecast to increase by 4,881 people.
For Sale by Expression of Interest closing Thursday 12 December 2019 at 4:00pm (AEDT)