Moonee Ponds

Moonee Ponds Central, Moonee Ponds, VIC

DESCRIPTION

Moonee Ponds Central is a sub regional centre located 7 km north of the Melbourne CBD and is adjacent to the busy Puckle Street retail strip. A second stage was added to the centre on an adjacent site in March 2009. The centre now offers a Kmart, Coles, discount liquor retailer and over 60 specialty stores.

SUMMARY INFORMATION 
GRADESub Regional
OWNERSHIP100% MPT
GLA18,577 sqm
CARSPACES914
ACQUISITION DATEMay 03 & Feb 08
LAST EXTERNAL VALUATION DATE30 Jun 10
VALUATION AT 31 DEC 11$65.3m
VALUERDIRECTORS VALUATION
CAPITALISATION RATE7.75% – 8.50%
DISCOUNT RATE9.50% – 9.75%
CENTRE MAT$100m
OCCUPANCY COST16.3%
MAJOR TENANTSNLA SQMLEASE EXPIRY
KMART4,728Mar 24
COLES4,000May 22
LEASE EXPIRY PROFILE % AREA 
Lease Expiry Profile