Project Description

Address

Cnr Oxford & Pelican Street, Surry Hills NSW 2010

Purchase price

$62.7 million

Acquisition date

October 2013

Description

Recently refurbished in 2016, prominently located on a high profile island site and easily accessible via the busy major thoroughfare, Oxford Street. Oxford Village is a 200m walk to Hyde Park and less than 1 km from the Sydney CBD.

Features

Ground floor retail anchored by Aldi, their most central Sydney store, with 22 specialty tenants providing fresh food and services to local residents. The two office levels provide accommodation for Fitness First and Study Group. The property provides total lettable area of 12,000m2 and has basement parking for 37 vehicles.

Key tenants

Study Group, Fitness First, Aldi and Chemist Warehouse.

Passing yield

6.0%1

Weighted average lease expiry (WALE)

3.4 years1

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1 Calculated as of 30 June 2017