Commercial Real Estate Investing, Reimagined

Commercial Real Estate Investing, Reimagined

Wollongong Central Shopping Centre

Location

200 Crown Street
Wollongong
NSW 2500
Tharawal Country
Home to over 190 leading speciality stores, Wollongong Central Shopping Centre hosts prominent retailers such as H&M, Target, Coles, Rebel, Anaconda, and JB Hi-Fi Home.
The centre also boasts the region’s only David Jones store, enhancing its unique appeal. National and chain tenants occupy 90% of the centre’s 54,919 sqm of Gross Lettable Area (GLA), contributing 82% of its annual income.

Location

200 Crown Street
Wollongong
NSW 2500
Tharawal Country

Ownership entity

JY Haben CGC Trust and JY Haben Keira Trust

JY ownership

50% (50% owned by Haben Group)

Year of purchase

2021 (from GPT Group)

Net purchase price

$398 million (after rental guarantee)

Net passing yield on purchase

7.2%

Major tenants

Coles, David Jones, and Target

Number of retailers
0
Site area
0 sqm
GROSS LETTABLE AREA
0 sqm
Car Parking Spaces
0
Wollongong Central

Other Properties

Contact

Please complete the form and we will be in touch.