View results on a Map View results on a list
The contents of this map are for illustrative purposes only and are subject to change without prior notice.

Stockland Merrylands

Located 25 kilometres west of the Sydney CBD, this regional shopping centre has serviced the local community since 1972. The centre includes six major retailers, ALDI, Coles, Woolworths, Big W, Kmart and Target. There are also five mini-majors and over 200 specialty stores including a newly opened childcare centre. The centre is adjacent to our 1.24 hectare Merrylands Court site where a mixed used DA was approved in December 2016.

Location: Merrylands, NSW
Acquisition date: Sep 1982
Ownership/Title: 100%/Freehold
Cost including additions: $431 million
Last Independent Valuation
Date: Dec 2017
Valuation: $574 million
Valuation $/m2: $9,628/m²
Capitalisation rate: 5.50%
Discount rate: 7.00%
Car parking spaces: 3000
Gross lettable area: 59,618 m²
Annual sales: $380.8 million
Speciality occupancy cost: 17.3%
Weighted average lease expiry: 7.6 years
NABERS: 4.0 (Energy) 2.0 (Water)
Green Star rating: 4.0 (Design)
Major Tenants GLA m2 Lease Expiry
Big W 7,900 Oct 2032
Kmart 7,159 Nov 2023
Target 6,088 Nov 2028
Coles 4,431 Dec 2031
Woolworths 3,820 Oct 2032