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Bulky Goods / Retail VPT
555 Kessels Rd, Macgregor QLD, Australia
Description
Freestanding homemaker centre anchored by a 7,258 sqm Clive Peeters and five smaller tenancies with a total GLA of 12,511 sqm.
The site (29,128 sqm) is zoned MP3 Suburban Centre, which allows for a higher retail use.
Location
Macgregor Mega Centre is located within a high profile retail and bulky goods precinct approximately 12 kilometres south of Brisbane’s CBD.
Key Information
- Ownership VPT
- Acquisition 24/12/2007
- Purchase Price ($,000) 26,000
- Book Value ($,000) 24,100
- Valuation Cap Rate 8.50%
-
Net Lettable Area
Retail: 12,511 sqm
- Car Spaces 200
- Occupancy as at 30/6/2009 93%
- No. Of Tenants 5
- WALE as at 30/6/2009 2.9%
- Age of Building Refurbished 2001
Contact Details
- Tom Phipps
- 07 3020 0244
- tom.phipps@valad.com.au