Stonebridge Property Group’s Philip Gartland, Justin Dowers and Alex James-Elliott have been exclusively appointed to market for sale of Woolworths Cootamundra on behalf of Charter Hall. This high-performing, freestanding Woolworths supermarket and BWS, holds a dominant position in the heart of Cootamundra, a key agricultural hub within the Riverina region of southern New South Wales. 

Woolworths Cootamundra enjoys an unrivalled position as the only full-line freestanding supermarket within a 50km radius, catering to an established catchment with limited competition. The site spans 8,167 sqm* of mixed-use zoned land, with three street frontages and a substantial 52m* frontage to Parker Street. With a lettable area of 4,114 sqm*, the property includes 110* at-grade car spaces equipped with shade sails, ensuring ease of access and customer convenience. Additionally, the property recently had solar panels installed to deliver further energy efficiencies and savings.

The asset is fully leased to ASX-listed Woolworths Group on a 12-year landlord favourable lease plus options to 2050. The lease benefits from in-built income growth provisions benefitting from a guaranteed $25,000 fixed rental increase every five years. Woolworths and BWS are trading strongly with low occupancy costs of only 2.4% per annum alongside percentage rent currently being received.

Philip Gartland of Stonebridge Property Group commented: “Woolworths Cootamundra presents an outstanding opportunity for investors seeking a secure, high-growth asset. As the only full-line supermarket in Cootamundra, it enjoys a dominant market position with minimal competition, ensuring strong performance into the future.”

Alex James-Elliott added: “This is a rare opportunity to acquire a high-performing supermarket on a substantial town centre landholding with no competing full-line supermarket within 50 kilometres. Furthermore, the current replacement costs likely exceed the investment value, limiting future competition given the significant barriers to entry.”

Woolworths Cootamundra is being offered via a public Expression of Interest campaign, closing Thursday, 13th March 2025 at 4pm (AEDT).