Kawana Shoppingworld, Buddina, QLD
DESCRIPTION
Located on Queensland's Sunshine Coast, this dominant centre comprises Woolworths, Big W, BI-LO and over 100 specialties stores. Planning is underway for further centre expansion.
| SUMMARY INFORMATION | |
| GRADE | Sub Regional |
| OWNERSHIP | 100% MPT |
| GLA | 30,030 sqm |
| CARSPACES | 1,720 |
| ACQUISITION DATE | Dec 93 (50%) Jun 98 (50%) |
| LAST EXTERNAL VALUATION DATE | 31 Dec 11 |
| VALUATION AT 31 DEC 11 | $209.7m |
| VALUER | CB RICHARD ELLIS |
| CAPITALISATION RATE | 6.75% |
| DISCOUNT RATE | 9.25% |
| CENTRE MAT | $242m |
| SPECIALTY OCCUPANCY COST | 13.7% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
| BIG W | 8,383 | Jun 21 |
| WOOLWORTHS | 3,648 | Nov 14 |
| LEASE EXPIRY PROFILE % AREA | |