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Moonee Ponds Central entrance
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MOONEE PONDS CENTRAL

14-16 HALL ST, MOONEE PONDS, VIC 3039

Moonee Ponds Central is located seven kilometres north of the Melbourne CBD and conveniently connected to the bustling Puckle Street retail strip. Moonee Ponds is experiencing strong population growth and densification including immediate neighbouring residents of nearly 1,500 apartments. At the heart of that is Moonee Ponds Central, comprising Kmart, Coles, ALDI, and over 60 specialty stores.

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Grade
SUB REGIONAL
Ownership
100%
GLA
19,036 SQM

Summary information

Acquisition/Agreement Date May 03 & Feb 08
Last External Valuation Date Dec-23
Valuation at 31-DEC-23 $102.0m
Valuer Urbis
Capitalisation Rate 6.25%
Discount Rate 6.75%
Centre Mat $181.7m
Specialty Occupancy Cost 12.2%
Specialty Sales $10,020/sqm
Car Spaces 854
1. Includes contracted COVID-19 tenant support.
2. In line with SCCA guidelines.

Lease Expiry Profile % Income

Wale: 3.2 YEARS

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
Kmart 4,728 Mar-24
Entity Name NLA / GLA SQM Lease Expiry
Coles 4,000 May-32
Entity Name NLA / GLA SQM Lease Expiry
ALDI 1,221 Mar-24
Moonee Ponds Central interior

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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.