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 | |
GRADE | Sub Regional |
OWNERSHIP | 100% MPT |
GLA | 30,030 sqm |
CARSPACES | 1,720 |
ACQUISITION DATE | Dec 93 (50%) Jun 98 (50%) |
LAST EXTERNAL VALUATION DATE | 31 Dec 11 |
VALUATION AT 31 DEC 11 | $209.7m |
VALUER | CB RICHARD ELLIS |
CAPITALISATION RATE | 6.75% |
DISCOUNT RATE | 9.25% |
CENTRE MAT | $242m |
SPECIALTY OCCUPANCY COST | 13.7% |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
BIG W | 8,383 | Jun 21 |
WOOLWORTHS | 3,648 | Nov 14 |
LEASE EXPIRY PROFILE % AREA | |