Cherrybrook Village Shopping Centre,
Cherrybrook, NSW
DESCRIPTION
This single level, neighbourhood centre was originally constructed in 1989 and was extensively refurbished and expanded in 2004. The centre is anchored by a Woolworths supermarket and over 50 specialty tenancies including a strong fresh food precinct.
SUMMARY INFORMATION | |
GRADE | Neighbourhood |
OWNERSHIP | 100% MPT |
GLA | 9,494 sqm |
CARSPACES | 474 |
ACQUISITION DATE | Dec 09 |
LAST EXTERNAL VALUATION DATE | 30 Jun 11 |
VALUATION AT 31 DEC 11 | $79.0m |
VALUER | DIRECTORS VALUATION |
CAPITALISATION RATE | 7.50% |
DISCOUNT RATE | 9.50% |
CENTRE MAT | $114m |
SPECIALTY OCCUPANCY COST | 14.5% |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
WOOLWORTHS | 3,832 | Mar 25 |
MARTELLI'S FRUIT MARKET | 679 | Aug 14 |
LEASE EXPIRY PROFILE % AREA | |