Stanhope Village exterior street view
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STANHOPE VILLAGE

2 SENTRY DR, STANHOPE GARDENS, NSW 2768

Developed by Mirvac in the rapidly growing north-west corridor of Sydney, Stanhope Village is conveniently situated adjacent to the area's busy leisure centre and pool facility. Stanhope Village was expanded in 2015 and is anchored by Coles, Kmart and ALDI with approximately 75 specialty stores.

Classification
SUB REGIONAL
Ownership
100%
GLA
18,076 SQM

Summary information

Acquisition/Agreement Date Nov-03
Last External Valuation Date 30-Jun-22
Valuation at 30-JUN-22 $154.0m
Valuer Cushman & Wakefield
Capitalisation Rate 5.50%
Discount Rate 6.75%
Centre Mat $170.0m
Specialty Occupancy Cost 12.6%
Specialty Sales $10,679/sqm
Car Spaces 736
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 Tenant: Kmart renewal under negotiation.

Lease Expiry Profile % Income

Wale: 2.6 YEARS

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
Kmart 5,060 Mar-22
Entity Name NLA / GLA SQM Lease Expiry
Coles 3,500 Nov-28
Entity Name NLA / GLA SQM Lease Expiry
ALDI 1,329 Aug-28
Stanhope Village 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.