Metcentre

Metcentre, Sydney, NSW

DESCRIPTION

The Metcentre comprises over 75 stores, located in the centre of the Sydney CBD at the base of 60 Margaret Street with a direct pedestrian link to Wynyard Railway Station.

SUMMARY INFORMATION 
GRADECBD Retail
OWNERSHIP50% MPT, 50% MTAA
GLA6,776 sqm
CARSPACESN/A
ACQUISITION DATEAug 98
LAST EXTERNAL VALUATION DATE31 Dec 10
VALUATION AT 31 DEC 11$60.0m
VALUERDIRECTORS VALUATION
CAPITALISATION RATE6.50%
DISCOUNT RATE9.25%
CENTRE MAT$51m
SPECIALTY OCCUPANCY COST22.1%
MAJOR TENANTSNLA SQMLEASE EXPIRY
WOOLWORTHS696Mar 29
FLORESHEIM267Oct 13
LEASE EXPIRY PROFILE % AREA 
Lease Expiry Profile