Tamworth Homespace, Tamworth

Tamworth Homespace, Tamworth

Tamworth Homespace is a bulky goods retail centre which opened for trading in November 2004. Developed by Stockland, the centre is currently anchored by long term leases to The Good Guys and Everyday Living/Sleep City. There are 12 additional bulky goods tenancies, plus a restaurant and medical centre.

The centre is located on the New England Highway approximately four kilometres south of the Tamworth CBD. It has good accessibility for residents throughout the region with the New England Highway being a major north-south carriageway throughout northern New South Wales.

Tamworth Homespace is one of three properties in Stockland Direct Retail Trust No. 1. Find out more


Key Information
Location: 437 Goonoo Goonoo Road, Tamworth
Acquisition Date: December 2006
Ownership/Title: 100% / Freehold
Independent Valuation: 31 December 2009
Valuation ($/m2): $14.4 million ($1,103/m²)
Capitalisation Rate: 10.50%
Discount Rate: 10.50%
Net Lettable Area: 13,060m²
Car Parking Spaces: 416


Stockland Capital Partners Limited (ABN 86 078 081 722, AFS Licence No 241188) is the Responsible Entity of Stockland Direct Office Trust No.1 (ARSN 110 688 009), Stockland Direct Office Trust No.2 (ARSN 115 017 466), Stockland Direct Office Trust No.3 (ARSN 124 439 925) stapled to Stockland Holding Trust No.2 (ARSN 132 129 134), and Stockland Direct Retail Trust No.1 (ARSN 121 832 086) and the Fund Manager of Stockland Residential Estates Equity Fund No.1.