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Stockland Tooronga

The centre is located 12 kilometres south-east of the Melbourne CBD and 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 with services and offices.

Location: Glen Iris, Vic
Acquisition date:Aug 2010
Ownership/Title:100%/Freehold
Cost including additions:$50.2 million
Last Independent Valuation
Date:Jun 2018
Valuation:$62.0 million
Valuation $/m2:$6,924/m²
Capitalisation rate:6.00%
Discount rate:7.00%
Car parking spaces:488
Gross lettable area:8,954 m²
Annual sales:$110.2 million
Speciality occupancy cost:13.9%
Weighted average lease expiry:5.5 years
NABERS:N/A
Green Star rating:N/A
Major TenantsGLA m2Lease Expiry
Coles4,139Aug 2025
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