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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 TenantsGLA m2Lease Expiry
Coles4,139Aug 2025