Investment Portfolio
Pacific Pines Shopping Centre, Brisbane
Pacific Pines Shopping Centre was developed by Stockland as part of a master planned community, comprises a Woolworths supermarket as the anchor, a total of 10 specialty shops, and a medical centre and is serviced by 362 car spaces. A stand alone commercial building leased to Stockland as a sales office for residential sales also forms part of the Property.
Pacific Pines is a recently developed master planned community, situated in the northern Gold Coast region, near Helensvale. It is 60 kilometres south of Brisbane and 12 kilometres north-west of Surfers Paradise, Queensland.
Pacific Pines Shopping Centre is easily accessible within the residential development being undertaken by Stockland on the western side of the Pacific Highway. The centre is situated on the southwestern corner of Pacific Pines Boulevard and Hotham Drive.
Pacific Pines Shopping Centre is one of four properties in Stockland Direct Retail Trust No. 1. Find out more
Key Information
| Location: | Cnr Pacific Pines Boulevard & Pitcairn Way, Pacific Pines |
| Acquisition Date: | December 2006 |
| Ownership/Title: | 100% / Freehold |
| Independent Valuation: | 31 December 2007 |
| Valuation ($/m2): | $18.8 million ($3,397/m2) |
| Capitalisation Rate: | 6.25% |
| Discount Rate: | 8.50% |
| Net Lettable Area: | 5,519 m2 |
| Site Area: | 26,463 m2 |
| Hardstand: | Nil |
| Space Available: | Nil |
| Car Parking Spaces: | 362 |
Contact us for more information
