Ownership
50% Mirvac, 50% Perron
GLA
34,838 SQM
Summary information
| Acquisition/Agreement Date | Jan-07 |
|---|---|
| Last External Valuation Date | Dec-22 |
| Valuation at 30-JUN-23 | $170.5m |
| Valuer | Directors Valuation |
| Capitalisation Rate | 5.75% |
| Discount Rate | 6.50% |
| Centre Mat | $221.7m |
| Specialty Occupancy Cost | 17% |
| Specialty Sales | $9,654 SQM |
| Car Spaces | 2,414 |
Valuation: Book value represents Mirvac's ownership.
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 |
|---|---|---|
| Reading Cinemas | 4,122 | Mar 30 |
| Entity Name | NLA / GLA SQM | Lease Expiry |
| Kmart | 3,795 | Nov 24 |
| Entity Name | NLA / GLA SQM | Lease Expiry |
| Coles | 3,497 | Jun 30 |
| Entity Name | NLA / GLA SQM | Lease Expiry |
| ALDI | 1,597 | Jul 33 |
| Entity Name | NLA / GLA SQM | Lease Expiry |
| Bing Lee | 1,021.5 | Feb 25 |
RHODES WATERSIDE RHODES, 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.