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Shellharbour Retail Park

A strategically significant property located on a 7.5 hectare site is in close proximity to Stockland Shellharbour. This retail park development is anchored by Woolworths, Dan Murphy’s, Toys R Us and Bunnings Warehouse.

Location: Shellharbour, NSW
Acquisition date:Jun 2003
Ownership/Title:100%/Freehold
Cost including additions:$43.4 milion
Last Independent Valuation
Date:Dec 2017
Valuation:$56 million
Valuation $/m2:$2,354/m²
Capitalisation rate:7.00%
Discount rate:8.00%
Car parking spaces:741
Gross lettable area:23,787 m²
Annual sales:$140.88 million
Speciality occupancy cost:10.2%
Weighted average lease expiry:2.9 years
NABERS:N/A
Green Star rating:N/A
Major TenantsGLA m2Lease Expiry
Bunnings7,762Aug 2018
Woolworths4,370Nov 2018
Dan Murphy's1,500Sep 2025