Grade
SUB REGIONAL
Ownership
50% Mirvac, 50% Mirvac Wholesale Retail Fund (MWRF)
GLA
33,199 SQM
Summary information
| Acquisition/Agreement Date | Jul 16 (49.9%) Aug 17 (50.1%) & Jun 26 (-50%) |
|---|---|
| Last External Valuation Date | Dec-25 |
| Valuation at 30-JUN-26 | $162m |
| Valuer | Directors Valuation |
| Capitalisation Rate | 5.50% |
| Discount Rate | 6.50% |
| Centre Mat | $184.2m |
| Specialty Occupancy Cost | 17.9% |
| Specialty Sales | $11,703/sqm |
1. Book value represents Mirvac's ownership.
2. In line with SCCA guidelines.
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 | 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.