The Orange Arcade is an ultra convenient neighborhood center strategically located in the heart of the Orange CBD, linking the main retail strip (Summer Street / Mitchell Highway) with the busiest CBD public car park.
The Orange Arcade is anchored by a full line Harris Farm, supported by Rivers and 22 specialties. The Centre has a secure income profile with 83% of income provided by Harris Farm, Food & Beverage and service retailers, and a WALE of 2.9 years by area and 3.7 years by income.
Fully leased Net Operating Income of $1.06 million
Harris Farm on a 10 year lease to 2028
Significant value-add potential exists as a result of conservative specialty rents coming up to Market Rent Reviews, remixing the tenancy profile and leasing-up as well as both internal and external refurbishments.
Information Memorandum and further information available on request from Benchmark Commercial.
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