Orion Springfield Town Centre

Orion Springfield Town Centre
Springfield, QLD

DESCRIPTION

Located in Brisbane's rapidly growing south-western corridor, the centre was opened in March 2007 and includes Woolworths, Big W and over 100 specialty stores. This town centre sets a new benchmark in environmentally sustainable initiatives. The centre has achieved a 6 Star GreenStar rating. Planning for future stages is underway.

SUMMARY INFORMATION 
GRADESub Regional
OWNERSHIP100% MPT
GLA32,651 sqm
CARSPACES2,091
ACQUISITION DATEAug 02
LAST EXTERNAL VALUATION DATE31 Dec 10
VALUATION AT 31 DEC 11$129.0m
VALUERDIRECTORS VALUATION
CAPITALISATION RATE6.75%
DISCOUNT RATE9.25%
CENTRE MAT$179m
SPECIALTY OCCUPANCY COST14.8%
MAJOR TENANTSNLA SQMLEASE EXPIRY
BIG W8,198Mar 27
WOOLWORTHS4,471Mar 27
LEASE EXPIRY PROFILE % AREA 
Lease Expiry Profile