Belmont Central is a well-established, Woolworths-anchored single-level neighbourhood shopping centre with underground car parking featuring 16 speciality stores and a Chipmunks Playland occupying a prominent 10,030 m2 landholding in the heart of Belmont CBD, approximately 20 km south of Newcastle CBD. The centre benefits from triple street frontage to Pacific Highway, Singleton Street and High Street, and a 271-under ground car park providing 3.4 bays per 100 m2 of centre GLA, well above neighbourhood centre benchmarks.

The asset is 98.4% occupied by a defensive tenant mix including Woolworths (approximately 41% of Y1 passing income to Dec-30 plus 4 x 5 year options), BWS, Blooms The Chemist, Newcastle Permanent, Domino’s and the recently 10-year renewed Providence Medical. Passing net income is $1,684,953 per annum representing a 7.11% yield on acquisition price or 7.74% yield on a fully leased basis. The Property sits within the same E1 Local Centre precinct as the neighbouring Belmont Citi, which sold in July 2025 for $40 million on a 5.78% passing yield.

The Hunter Region is Australia’s largest and fastest-growing regional economy, generating more than $65 billion in Gross Regional Product and supporting over 343,000 jobs. Home to a population of more than 798,000, the region benefits from a diverse economic base spanning energy, defence, education, healthcare, tourism and advanced manufacturing.

Located just 20 km north of Belmont, Newcastle is Australia’s seventh-largest city and serves as the economic hub of the region. Key assets include the University of Newcastle, John Hunter Hospital, the Port of Newcastle, Australia’s third-largest port and the world’s largest coal export port and Newcastle Airport, the second busiest in New South Wales.

Belmont is well positioned within the rapidly growing Lake Macquarie area, offering excellent connectivity to Newcastle CBD and the M1 corridor. Ongoing investment in major infrastructure, including the John Hunter Hospital redevelopment, Newcastle Airport expansion and Pacific Highway upgrades, continues to strengthen the region’s accessibility, economic growth and long-term investment appeal.

• • Woolworths anchor to Dec 2030 + 4 x 5 year options taking anchor income to 2050
  • Providence Medical option exercised, 10 year lease to Nov 2036
  • 98.44% occupancy by area; 2 small vacancies (Shops 9 and 11, 171 m²)
  • WALE 3.66 years by income (as at 30 June 2026)
  • Defensive tenant mix, non-discretionary categories
  • Triple street frontage, Pacific Highway, Singleton St and High St
  • Land area 10,030 m2, 271 underground car bays
  • Value creation opportunity – approx. 3,000 m² former bowling green pad site activation

Invest in One of Belmont’s Key Retail Centres