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Stockland Wallsend

The centre is located ten kilometres north-west of the Newcastle CBD. Wallsend has a GLA of approximately 12,000 sqm and provides the Wallsend community with Coles, ALDI, over 40 specialty stores and an extensive range of services including Service NSW, Australia Post, NRMA and a range of major banks.

Location: Wallsend, NSW
Acquisition date:Sep 2007
Cost including additions:$70.9 million
Last Independent Valuation
Date:Dec 2016
Valuation:$79 million
Valuation $/m2:$6,578/m²
Capitalisation rate:6.75%
Discount rate:8.00%
Car parking spaces:569
Gross lettable area:12,009 m²
Annual sales:$103.41 million
Speciality occupancy cost:10.3%
Weighted average lease expiry:2.6 years
Green Star rating:N/A
Major TenantsGLA m2Lease Expiry
Coles4,185Oct 2018
ALDI1,292Jun 2020