Hinkler Central, Bundaberg, QLD
DESCRIPTION
Located in the strong regional centre of Bundaberg, the centre comprises Woolworths, Coles, Kmart and over 70 specialty stores. On site parking is provided for 1,070 vehicles including 770 basement level bays.
| SUMMARY INFORMATION | |
|---|
| GRADE | Sub Regional |
| OWNERSHIP | 100% MPT |
| GLA | 20,750 sqm |
| CARSPACES | 1,070 |
| ACQUISITION DATE | Aug 03 |
| LAST EXTERNAL VALUATION DATE | 31 Mar 11 |
| VALUATION AT 31 DEC 11 | $91.0m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 7.75% |
| DISCOUNT RATE | 9.50% |
| CENTRE MAT | $158m |
| SPECIALTY OCCUPANCY COST | 11.9% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| KMART | 6,224 | Jul 15 |
| WOOLWORTHS | 3,548 | Mar 20 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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