22 Langston Place

Epping NSW 2121

JLL is excited to present Langston Village (the Centre) For Sale by way of Expressions of Interest (EOI) close at 3pm (AEST) Thursday, 1st August 2024A prime retail destination in the heart of Epping. This newly built centre offers a compelling opportunity for investors seeking a stable and reliable income stream.The Centre's strategic location in the dynamic and rapidly growing suburb of Epping in Sydney's northwest further enhances its value. Situated just 16 kilometres from Sydney CBD, it is poised to capitalise on the influx of residents with more than 1,885 new dwellings either under construction or proposed within its main trade area.^^Investment highlights:- Highly defensive income stream being 96% occupied, with a fully leased net income of $1.17 million and an attractive 5.3-year WALE.*- Located 16 km from the Sydney CBD, adjacent Epping train station, benefiting from 7.18 million annual passenger movements.**  - 84% of gross specialty income underpinned by attractive 4.0% or greater fixed annual reviews.*** - Average low gross specialty rental of $842/sqm, 21% below benchmark providing long term rental growth.^ - Completed in 2022, providing attractive depreciation benefits for an incoming purchaser.- Awarded Urban Taskforce Australias High-Density Residential Development City Award in 2023.- Set to capitalise on 1,885 residential apartments either proposed or under construction within its main trade area.^^Langston Village (the Centre) For Sale by way of Expressions of Interest (EOI) close at 3pm (AEST) Thursday, 1st August 2024All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.Footnotes *By gross lettable area.*Weighted Average Lease Expiry by income.**Passenger movements recorded for the year ending February 2024 - LocationIQ Report: Langston Village, May 2024.***Gross passing income.^Average gross passing specialty income ($/sqm).^Urbis Benchmark - Single Supermarket 2023.^^LocationIQ Report: Langston Village, May 2024.