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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, Rebel Sport and Chemist Warehouse. On expiry of the lease, the Bunnings site will be reconfigured into multiple mini-major tenancies.

Location: Shellharbour, NSW
Acquisition date:Jun 2003
Ownership/Title:100%/Freehold
Cost including additions:$43.4 milion
Last Independent Valuation
Date:Dec 2017
Valuation:$56.0 million
Valuation $/m2:$2,579/m²
Capitalisation rate:7.00%
Discount rate:8.00%
Car parking spaces:741
Gross lettable area:21,711 m²
Annual sales:$138.8 million
Speciality occupancy cost:N/A
Weighted average lease expiry:3.8 years
NABERS:N/A
Green Star rating:N/A
Major TenantsGLA m2Lease Expiry
Bunnings7,762Aug 2018
Woolworths4,417Nov 2018
Dan Murphy's1,500Sep 2025
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