Greenwood Plaza, North Sydney, NSW
DESCRIPTION
Greenwood Plaza is a three level centre at the base of North Sydney's iconic 101-103 Miller Street. It comprises over 100 retail and service outlets with the ground level retail flowing directly into North Sydney Railway Station.
| SUMMARY INFORMATION | |
|---|
| GRADE | CBD Retail |
| OWNERSHIP | 50% MPT, 50% EUREKA |
| GLA | 8,797 sqm |
| CARSPACES | 266 |
| ACQUISITION DATE | Jun 94 |
| LAST EXTERNAL VALUATION DATE | 31 Dec 10 |
| VALUATION AT 31 DEC 11 | $80.0m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 6.75% |
| DISCOUNT RATE | 9.25% |
| CENTRE MAT | $77m |
| SPECIALTY OCCUPANCY COST | 19.0% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| GREENWOOD HOTEL | 856 | Nov 12 |
| IGA | 713 | Apr 17 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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