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Stockland Tooronga

The centre is located 12 kilometres south-east of the Melbourne CBD. The centre provides a Coles supermarket, First Choice Liquor and 31 specialty stores over two retail levels. The first level is fully enclosed with a fresh food market and premium specialty stores. The second level is an open-air piazza.

Location: Glen Iris, Vic
Acquisition date: Aug 2010
Ownership/Title: 100%/Freehold
Cost including additions: $49.8 million
Last Independent Valuation
Date: Dec 2016
Valuation: $70 million
Valuation $/m2: $7,770/m²
Capitalisation rate: 5.75%
Discount rate: 7.25%
Car parking spaces: 482
Gross lettable area: 9,009 m²
Annual sales: $109.57 million
Speciality occupancy cost: 14.7%
Weighted average lease expiry: 5.9 years
NABERS: N/A
Green Star rating: N/A
Major Tenants GLA m2 Lease Expiry
Coles 4,139 Aug 2025