Stanhope Village, Stanhope Gardens, NSW
DESCRIPTION
Located in the rapidly growing north-west corridor of Sydney, Stanhope Village Stage 1 opened in late 2003, comprising a Coles supermarket and 30 stores. Stage 2 was opened in March 2007 and included Kmart. The centre is conveniently located adjacent to the area's busy leisure centre and pool facility. The centre has a NABERS Energy rating of 3.5 Stars.
SUMMARY INFORMATION | |
GRADE | Sub Regional |
OWNERSHIP | 100% MPT |
GLA | 15,369 sqm |
CARSPACES | 698 |
ACQUISITION DATE | Nov 03 |
LAST EXTERNAL VALUATION DATE | 31 Dec 11 |
VALUATION AT 31 DEC 11 | $70.5m |
VALUER | CB RICHARD ELLIS |
CAPITALISATION RATE | 7.50% |
DISCOUNT RATE | 9.25% |
CENTRE MAT | $123m |
SPECIALTY OCCUPANCY COST | 11.4% |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
KMART | 5,060 | Mar 22 |
COLES | 3,629 | Nov 18 |
LEASE EXPIRY PROFILE % AREA | |