City Centre Plaza, Rockhampton, QLD
DESCRIPTION
City Centre Plaza is situated on the fringe of Rockhampton's CBD. The single level sub regional shopping centre was modernised and upgraded during 2008. The centre is anchored by a Target store and a Coles supermarket with over 35 specialty shops.
| SUMMARY INFORMATION | |
|---|
| GRADE | Sub Regional |
| OWNERSHIP | 100% MPT |
| GLA | 14,107 sqm |
| CARSPACES | 495 |
| ACQUISITION DATE | Dec 09 |
| LAST EXTERNAL VALUATION DATE | 30 Jun 11 |
| VALUATION AT 31 DEC 11 | $48.2m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 8.00% |
| DISCOUNT RATE | 9.75% |
| CENTRE MAT | $88m |
| SPECIALTY OCCUPANCY COST | 12.1% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| TARGET | 6,910 | Jul 15 |
| COLES | 3,670 | Oct 13 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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