Stonebridge Property Group is pleased to present to the market The Forum – a prominent commercial asset anchored by leisure and entertainment giant, Hoyts (long lease to 2041), located within one of the Hunter’s strategic growth centres, Charlestown.

The key highlights of the opportunity include:

• High profile investment asset anchored by blue chip tenants Hoyts (2041) and Hewlett Packard (2031), supported by 10 additional commercial tenancies and offering ample on-site parking for 226 cars
• Long WALE of 9.8 years (by income)^; all tenants subject to fixed or CPI reviews
• Dominant 8,292 sqm* corner site with highway exposure to 28,940 passing cars daily**
• Prominently positioned in Charlestown – home to the largest shopping centre in the Hunter Region, Charlestown Square, and proposed healthcare hub situated only 800 m* away
• Favourable B3 zoning and elevated ridgeline position underpins strong underlying land value and future development opportunity (STCA)
• Estimated net operating income $2.47m p.a.^

*Approximate
^As at 1-Dec-2022
**Oct-19 AADT, Transport for NSW

The Forum is For Sale via Public Expressions of Interest closing Friday 4th November 2022 at 2pm (AEDT). 

For further information, please contact the Stonebridge team.