Stanhope Village, Stanhope Gardens, NSW
DESCRIPTION
Located in the rapidly growing north-west corridor of Sydney, Stanhope Village Stage 1 opened in late 2003, comprising a Coles supermarket and 30 stores. Stage 2 was opened in March 2007 and included Kmart. The centre is conveniently located adjacent to the area's busy leisure centre and pool facility. The centre has a NABERS Energy rating of 3.5 Stars.
| SUMMARY INFORMATION | |
|---|
| GRADE | Sub Regional |
| OWNERSHIP | 100% MPT |
| GLA | 15,369 sqm |
| CARSPACES | 698 |
| ACQUISITION DATE | Nov 03 |
| LAST EXTERNAL VALUATION DATE | 31 Dec 11 |
| VALUATION AT 31 DEC 11 | $70.5m |
| VALUER | CB RICHARD ELLIS |
| CAPITALISATION RATE | 7.50% |
| DISCOUNT RATE | 9.25% |
| CENTRE MAT | $123m |
| SPECIALTY OCCUPANCY COST | 11.4% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| KMART | 5,060 | Mar 22 |
| COLES | 3,629 | Nov 18 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
BACK