Kawana Shoppingworld

Kawana Shoppingworld, Buddina, QLD

DESCRIPTION

Located on Queensland's Sunshine Coast, this dominant centre comprises Woolworths, Big W, BI-LO and over 100 specialties stores. Planning is underway for further centre expansion.

SUMMARY INFORMATION 
GRADESub Regional
OWNERSHIP100% MPT
GLA30,030 sqm
CARSPACES1,720
ACQUISITION DATEDec 93 (50%) Jun 98 (50%)
LAST EXTERNAL VALUATION DATE31 Dec 11
VALUATION AT 31 DEC 11$209.7m
VALUERCB RICHARD ELLIS
CAPITALISATION RATE6.75%
DISCOUNT RATE9.25%
CENTRE MAT$242m
SPECIALTY OCCUPANCY COST13.7%
MAJOR TENANTSNLA SQMLEASE EXPIRY
BIG W8,383Jun 21
WOOLWORTHS3,648Nov 14
LEASE EXPIRY PROFILE % AREA 
Lease Expiry Profile