The largest regional shopping centre between Maroochydore and Mackay, includes Woolworths, Coles, Kmart, Big W, Harris Scarfe, ten mini-majors, over 160 specialty stores and BCC theatres. The centre features an all-weather casual dining precinct incorporating specialty dining offers including Guzman Y Gomez, Burger Urge and Max Brenner. The centre opened the first H&M, Mimco and Peter Alexander in Central Queensland in late 2017.
Location: Rockhampton, Qld | ||
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Acquisition date: | Jun 2003 | |
Ownership/Title: | 100%/Freehold | |
Cost including additions: | $291.8 million | |
Last Independent Valuation | ||
Date: | Jun 2018 | |
Valuation: | $383.0 million | |
Valuation $/m2: | $6,440/m² | |
Capitalisation rate: | 6.00% | |
Discount rate: | 7.25% | |
Car parking spaces: | 3,033 | |
Gross lettable area: | 59,463 m² | |
Annual sales: | $344.8 million | |
Speciality occupancy cost: | 16.2% | |
Weighted average lease expiry: | 4.8 years | |
NABERS: | 3.5 (Energy) 2.5 (Water) | |
Green Star rating: | 2.0 (Performance) | |
Major Tenants | GLA m2 | Lease Expiry |
Big W | 8,211 | Nov 2028 |
Kmart | 6,000 | Aug 2024 |
Woolworths | 4,223 | Aug 2020 |
Coles | 3,800 | Aug 2024 |
Birch Carroll and Coyle Cinemas | 3,392 | Dec 2018 |