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 | |
GRADE | CBD Retail |
OWNERSHIP | 50% MPT, 50% MTAA |
GLA | 6,776 sqm |
CARSPACES | N/A |
ACQUISITION DATE | Aug 98 |
LAST EXTERNAL VALUATION DATE | 31 Dec 10 |
VALUATION AT 31 DEC 11 | $60.0m |
VALUER | DIRECTORS VALUATION |
CAPITALISATION RATE | 6.50% |
DISCOUNT RATE | 9.25% |
CENTRE MAT | $51m |
SPECIALTY OCCUPANCY COST | 22.1% |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
WOOLWORTHS | 696 | Mar 29 |
FLORESHEIM | 267 | Oct 13 |
LEASE EXPIRY PROFILE % AREA | |