Ownership
100% Mirvac
GLA
32,951 SQM
Summary information
| Acquisition/Agreement Date | Jul 16 (49.9%) Aug 17 (50.1%) |
|---|---|
| Last External Valuation Date | Jun-23 |
| Valuation at 30-JUN-23 | $312.0m |
| Valuer | Savills |
| Capitalisation Rate | 5.25% |
| Discount Rate | 6.50% |
| Centre Mat | $203.0m |
| Specialty Occupancy Cost | 13% |
| Specialty Sales | $11,404 SQM |
| Car Spaces | 677 |
Specialty occupancy costs: Includes contracted COVID-19 tenant support.
Specialty sales: In line with SCCA guidelines, adjusted for tenant closures during COVID-19 impacted period.
Major Tenants
| Entity Name | NLA / GLA SQM | Lease Expiry |
|---|---|---|
| Audi Australia Retail | 13,172 | Oct 34 |
| Entity Name | NLA / GLA SQM | Lease Expiry |
| Virgin Active | 4,321 | Nov 35 |
| Entity Name | NLA / GLA SQM | Lease Expiry |
| Coles | 4,015 | Oct 34 |
| Entity Name | NLA / GLA SQM | Lease Expiry |
| East Phoenix | 1,280 | Dec 27 |
| Entity Name | NLA / GLA SQM | Lease Expiry |
| Victoria Park Montessori Academy | 1,173.0 | Dec 26 |
EAST VILLAGE ZETLAND, NSW
Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.
Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.