Waverley Gardens Shopping Centre,
Mulgrave, VIC
DESCRIPTION
Waverley Gardens Shopping Centre is located adjacent to Mirvac's Waverley Park residential development and the
Monash Freeway. A major upgrade and expansion was completed in March 2007 and includes Safeway, Coles, Target,
Big W, Aldi, Best & Less and over 105 specialty stores.
SUMMARY INFORMATION | |
GRADE | Sub Regional |
OWNERSHIP | 100% MPT |
GLA | 38,373 sqm |
CARSPACES | 2,200 |
ACQUISITION DATE | Nov 02 |
LAST EXTERNAL VALUATION DATE | 31 Dec 11 |
VALUATION AT 31 DEC 11 | $131.5m |
VALUER | SAVILLS |
CAPITALISATION RATE | 7.75% |
DISCOUNT RATE | 9.50% |
CENTRE MAT | $181m |
SPECIALTY OCCUPANCY COST | 15.2% |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
TARGET | 6,796 | Jun 20 |
BIG W | 6,770 | Mar 27 |
LEASE EXPIRY PROFILE % AREA | |