Cherrybrook Village Shopping Centre,
Cherrybrook, NSW
DESCRIPTION
This single level, neighbourhood centre was originally constructed in 1989 and was extensively refurbished and expanded in 2004. The centre is anchored by a Woolworths supermarket and over 50 specialty tenancies including a strong fresh food precinct.
| SUMMARY INFORMATION | |
|---|
| GRADE | Neighbourhood |
| OWNERSHIP | 100% MPT |
| GLA | 9,494 sqm |
| CARSPACES | 474 |
| ACQUISITION DATE | Dec 09 |
| LAST EXTERNAL VALUATION DATE | 30 Jun 11 |
| VALUATION AT 31 DEC 11 | $79.0m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 7.50% |
| DISCOUNT RATE | 9.50% |
| CENTRE MAT | $114m |
| SPECIALTY OCCUPANCY COST | 14.5% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| WOOLWORTHS | 3,832 | Mar 25 |
| MARTELLI'S FRUIT MARKET | 679 | Aug 14 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
BACK