Colliers International are excited to offer for sale Chester Square Shopping Centre, Chester Hill. The dominant and strong performing single level neighbourhood shopping centre is anchored by a full-line Woolworths supermarket, 2 mini-majors, 28 specialty tenancies and 5 ATMs extending to a total GLA of 8,270 square metres*
Chester Square Shopping Centre represents a rare Sydney metropolitan value-add investment opportunity. An astute investor will have the opportunity to enjoy a diversified income generated from a mix of strong performing national retailers and well-established local tenants whilst progressing with a 6 level mixed use residential development application which will include potential to expand the existing retail offering.
The strong performing centre occupies a strategic 1.67ha* site within the high-profile Chester Hill retail precinct, located in close proximity to major arterial roads and Chester Hill train station. Chester Hill is a suburb of Central Western Sydney, located within the City of Canterbury-Bankstown, approximately 25 kilometres west of the Sydney CBD. The Centre is well positioned to serve the convenience needs of local residents and a large population of workers in surrounding areas.
Chester Square Shopping Centre is for sale by International Expressions of Interest closing 2pm (AEST) Thursday, 7 September 2017.