The Village on Summer Street

86-102 Summer Street Orange, NSW Australia 2800
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A


Year Built 2000
Building Area Gross
Land Area Gross ()
Rentable Area
Occupancy 97.0 %

Asset Description

The Village on Summer Street – Outstanding newly refurbished neighbourhood centre PLUS development land.

  • Attractive 7.3-year WALE*
  • Significant 2.1 Ha Site*
  • Best-in-class refurbishment

JLL is privileged to present the extraordinary opportunity to purchase The Village on Summer Street, a recently refurbished dominant neighbourhood shopping centre dual anchored by IGA & Dan Murphy’s.

*Approximate Figures.

Investment Highlights

  • 75% of income underpinned by IGA Fine Foods Markets (Metcash guaranteed) and Dan Murphy’s (Endeavour Group), providing a secure 7.3 year WALE*
  • Only full line liquor superstore in the MTA, Dan Murphy’s is trading at over 50% above industry benchmarks and supported by 8 non-discretionary specialty tenants
  • 2.1Ha* site in the Orange CBD with a low site coverage of 23%* including an additional 2,573sqm* development site with flexible mixed-use zoning
  • Orange is a thriving regional city and award-winning winery region underpinned by outstanding population growth of 1.5% p.a*
  • 75% increase in the Median House price over the prior 4 years
  • Fully leased net income: $2.15 million* per annum

*Approximate Figures.

Last Updated Date: 23 Aug 2022

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Last Updated Date: 23 Aug 2022

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