Broadway Shopping Centre,
Broadway, NSW
DESCRIPTION
This dominant sub regional centre is located on the fringe of the CBD and services the growing catchment of Sydney's inner city and inner west. The centre was expanded and refurbished in 2007 to add Target and a new fashion level
to the existing major tenancies of Kmart, Coles, BI-LO and Rebel Sport.
| SUMMARY INFORMATION | |
|---|
| GRADE | Sub Regional |
| OWNERSHIP | 50% MPT, 50% Perron |
| GLA | 50,952 sqm |
| CARSPACES | 1,852 |
| ACQUISITION DATE | Jan 07 |
| LAST EXTERNAL VALUATION DATE | 30 Jun 10 |
| VALUATION AT 31 DEC 11 | $231.5m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 6.25% |
| DISCOUNT RATE | 9.00% |
| CENTRE MAT | $410m |
| SPECIALTY OCCUPANCY COST | 16.4% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| KMART | 7,394 | Mar 13 |
| HOYTS | 4,857 | Jul 18 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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