1 Lancaster AvenueCecil Hills NSW 2171
Property Details for 1 Lancaster Ave, Cecil Hills
Last Listing description (June 2019)
Colliers International are excited to present an opportunity to acquire a 100% interest in the Cecil Hills Shopping Village, a strong performing neighbourhood shopping centre anchored by a Woolworths supermarket including BWS, a medical centre, 11 speciality tenants and a number of additional income streams. The shopping centre is currently 100% fully occupied, featuring a convenient mix of non discretionary and service-based tenancies.
Cecil Hills Shopping Village provides a town centre focal point for local residents, owing to its prominent position at centre of the suburb and close proximity to local schools and community facilities. Cecil Hills is located within the Liverpool City Council local government area, some 34 kilometres west of the Sydney Central Business District (CBD).
The Centre sits on a significant 1.34* hectare site featuring four street frontages. The current local planning controls enable the potential for value add development opportunities through the 1.5:1 floor space ratio and the B2 Local Centre zoning, allowing for shop top housing development (STCA).
Strong Performing Neighbourhood Shopping Centre site in metropolitan Sydney.
Exercised option to extend Woolworths lease to October 2024.
Woolworths Supermarket achieving turnover rental.
1.34* ha freehold site.
Only supermarket centre within the suburb of Cecil Hills.
60% of Gross Lettable Area secured by Woolworths.
78% of income secured by National and Chain tenants (including Woolworths, BWS, Dominoes, F45, Ray White, United Agents, De Paris Nails & Beauty, Penna s Pharmacy and Cecil Hills Medical Centre (Qualitas Health).
Located in rapidly expanding south west Sydney growth corridor with opportunities for development.
For Sale via Public Auction on 10:30am Thursday 6 June 2019, (AEST).
All areas, distances and figures are approximate
*Approximate
^Excluding turnover rental
The property is currently managed by Vic Fasan (0419 987 650 ) and Joe Tripodina (0407 438 469) at Raine & Horne Cabramatta
Property History for 1 Lancaster Ave, Cecil Hills, NSW 2171
- 06 Jun 2019Sold for $10,500,000
- 06 May 2019Listed for Sale Not Disclosed
- 30 Jun 2010Sold for $10,800,000
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0About Cecil Hills 2171
The size of Cecil Hills is approximately 6.1 square kilometres. There are 15 parks, covering nearly 66.0% of the total area. The population of Cecil Hills in 2016 was 7018 people. By 2021 the population was 6906 showing a population decline of 1.6% in the area during that time. The predominant age group in Cecil Hills is 10-19 years. Households in Cecil Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cecil Hills work in a professional occupation.In 2021, 82.90% of the homes in Cecil Hills were owner-occupied compared with 83.70% in 2016.
Cecil Hills has 2,080 properties. Over the last 5 years, Houses in Cecil Hills have seen a 44.04% increase in median value, while Units have seen a 75.63% increase. As at 31 May 2026:
- The median value for Houses in Cecil Hills is $1,609,077 while the median value for Units is $1,294,757.
- Houses have a median rent of $850.
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