Regional rocks

August 4, 2016

Regional NSW retail property, the Kierath’s Shopping Square in central NSW, has sold for $4.18 million.

Sentinel Property Group sold the Coles-anchored shopping centre at 76 Dandaloo Street, Narromine, near Dubbo to a local private investor.

The 2141 sq m property with a long-term lease to Coles and Liquorland also has six specialty tenancies. It sits on a 5143 sq m site and was part of the Sentinel Countrywide Retail Trust. Sentinel acquired the centre with two other regional centres in one line from Charter Hall Retail REIT in 2015.

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