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Stockland Corrimal

Located seven kilometres north of Wollongong, Corrimal is a neighbourhood centre anchored by a large full range Woolworths, a full range Dan Murphy's and 38 specialty stores.

Location: Corrimal, NSW
Acquisition date: Jun 2003
Ownership/Title: 100%/Freehold
Cost including additions: $45.30 million
Last Independent Valuation
Date: Dec 2015
Valuation: $75.0 million
Valuation $/m2: $7,657/m²
Capitalisation rate: 6.75%
Discount rate: 8.00%
Car parking spaces: 524
Gross lettable area: 9,795 m2
Annual sales: $98.40 million
Speciality occupancy cost: 14.50%
Weighted average lease expiry: 7.9 years
Green Star rating: N/A
Major Tenants GLA m2 Lease Expiry
Woolworths 5,974 Jun 2027