Cooleman Court, Weston, ACT
DESCRIPTION
Cooleman Court was redeveloped in 2009 to include a new Aldi store and second retail level to the existing anchors of Woolworths and Target Country. The centre has over 35 specialty shops.
| SUMMARY INFORMATION | |
| GRADE | Neighbourhood |
| OWNERSHIP | 100% MPT |
| GLA | 10,687 sqm |
| CARSPACES | 497 |
| ACQUISITION DATE | Dec 09 |
| LAST EXTERNAL VALUATION DATE | 31 Dec 11 |
| VALUATION AT 31 DEC 11 | $46.0m |
| VALUER | JLL |
| CAPITALISATION RATE | 7.75% |
| DISCOUNT RATE | 9.50% |
| CENTRE MAT | $106m |
| SPECIALTY OCCUPANCY COST | 12.9% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
| WOOLWORTHS | 3,102 | Aug 13 |
| ALDI | 1,400 | Jan 19 |
| LEASE EXPIRY PROFILE % AREA | |