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Stockland Rockhampton

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
Acquisition date:Jun 2003
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 TenantsGLA m2Lease Expiry
Big W8,211Nov 2028
Kmart6,000Aug 2024
Woolworths4,223Aug 2020
Coles3,800Aug 2024
Birch Carroll and Coyle Cinemas3,392Dec 2018