Figtree Grove is an established sub-regional shopping centre located on 19 & 23 Princes Highway, Figtree, Wollongong, NSW 2525. The Property sits on a freehold land area of 51,366 sqm (approximately 552,898 sq ft), and has a total Gross Lettable Area (“GLA”) of 21,988 sqm (approximately 236,678 sq ft) with 940 carpark lots.
The mall is anchored by two supermarkets, namely Coles and Woolworths. Kmart, a discount department store, has over 200 stores across Australia and only approximately 10 stores offers 24-hour trading. Figtree Grove’s third anchor, Kmart, is one such store which offer this 24-hour service. The specialty tenants offer mainly essential retail and services, such as medical, banking, pharmacy as well as a curated range of F&B outlets.
Located approximately 3 km south-west of the Wollongong Central Business District and 85 km south west of Sydney CBD, the Property is situated at the north-eastern corner of the Princes Highway and The Avenue – major thoroughfares which carry traffic between the Wollongong Central Business District and the wider Wollongong area. The Property is well-positioned to serve the key growth areas in central Wollongong and the south-western suburbs of Wollongong.
The table below sets out a summary of selected information on Figtree Grove Shopping Centre as at 31 August 2020:
|GLA (sq ft)||236,678|
|Number of tenants||85|