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GV Property Trust - Fully Subscribed

Investment
The Asset

The centre is located on Simeoni Drive, Goonellabah, within an elevated and established retail precinct. Positioned along one of the main thoroughfares through Goonellabah, the centre offers easy accessibility with two access points off Simeoni Drive.

The property occupies a site area of approximately 20,600m², with a total Net Lettable Area (NLA) of 6,146m². It features two on-site car parks providing 262 parking spaces, delivering a favourable ratio of 1 car per 23m² of NLA.

The centre is anchored by Coles, Liquorland, and The Reject Shop, and is further supported by a number of specialty shops. The location benefits from surrounding retail activity, with Woolworths positioned directly across from the centre and an ALDI supermarket situated to the north of the centre—enhancing its appeal as a central retail hub for Goonellabah.

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Key Stats
Address:
1 Simeoni Drive, Goonellabah, NSW
Property Settlement:
January 31, 2018
tenants:
Coles, The Reject Shop, Cumuls Dental, Gonellabah Pharmacy, Affordable Beauty, Newsagent, and 7 others
WALE:
4.29 years
Gearing:
41%
Investment Term:
5 years + 5 year extension
Targeted Return:
9.00% P.A
Note: Figures correct as at 31st March, 2025
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