West Gosford centre goes for $45 million

West Gosford, large-format retail centre, Central Coast, NSW.

West Gosford centre goes for $45 million

January 3, 2018

Inside Retail Australia

Property fund manager, Primewest from Harrington Property Group, has acquired West Gosford Hometown for $45 million from Stonebridge Property Group in an off-market sale.

Hometown is an established large format retail centre comprising 15 tenancies across a total lettable area of 15,886 sqm on the NSW Central Coast. The centre is anchored by Super A-Mart and supported by a range of national retailers including Petbarn and Paul’s Warehouse.

“West Gosford Hometown is the primary large format retail centre in the area and is highly visible on Manns Road – a major north-south arterial route,” said Primewest director John Bond.

“Primewest sees significant growth potential for large format retail in the area and on the central coast generally.”