High Yielding Sydney Metro Shopping Centre
Savills are proud to have the exclusive opportunity to offer for sale Marketland Shopping Centre in the western suburbs of Sydney.
Marketland Shopping Centre offers the chance to acquire an affordable neighbourhood centre with real value add potential in a metropolitan location. The centre features anchor tenants Franklins and Celebrations Liquor together with eight specialty shops including a pharmacy, butcher, baker and newsagency.
The size of Penrith is approximately 12.5 square kilometres. It has 35 parks covering nearly 13.5% of total area. The population of Penrith in 2011 was 11,813 people. By 2016 the population was 13,264 showing a population growth of 12.3% in the area during that time. The predominant age group in Penrith is 20-29 years. Households in Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrith work in a professional occupation. In 2011, 45.9% of the homes in Penrith were owner-occupied compared with 40.7% in 2016.
Penrith has 12,522 properties.
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