Como Centre, South Yarra, Vic
DESCRIPTION
Como Centre is a mixed use office, retail and hotel complex, with the retail component comprising over 25 specialty
stores and an Art House cinema. The centre is located on the popular retail strip of Chapel Street, Melbourne.
| SUMMARY INFORMATION | |
|---|
| GRADE | CBD Retail |
| OWNERSHIP | 100% MPT |
| GLA | 6,624 sqm |
| CARSPACES | 632 |
| ACQUISITION DATE | Aug 98 |
| LAST EXTERNAL VALUATION DATE | 30 Jun 11 |
| VALUATION AT 31 DEC 11 | $21.0m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 8.00% |
| DISCOUNT RATE | 9.25% |
| CENTRE MAT | $19m |
| SPECIALTY OCCUPANCY COST | 12.7% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| CINEMA COMO | 1,911 | Feb 20 |
| ECO HAIR PRODUCTS | 538 | Oct 13 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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