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Bulky Goods / Retail VPT
Kawana Way, Kawana QLD, Australia
Home Central - Kawana

Description

Home Central Kawana is a 32,244 sqm bulky goods centre providing space for 29 retailers in eight separate buildings with over 700 carparking spaces.

Location

Located on the newly constructed Kawana Way, Home Central Kawana is at the centre of the Sunshine Coast's population growth and road system. The Centre is part of the Caloundra City Councils master planned Kawana Village combining industrial commercial and retail in a business hub around Kawana Lake. The Centre is adjacent to the Sate Government planned "intermodal corridor". The Sunshine Coast is one of Australia’s fastest growing areas with a population of over 170,000 expected to grow at over 3% per annum during the next 10 years.

 

Key Information

  • Ownership VPT - 100%
  • Acquisition 11/10/2006
  • Book Value ($,000) 77,000 (at 30/06/2008)
  • Valuation Cap Rate 7.50%
  • Net Lettable Area Retail: 32,244 sqm
  • Occupancy as at 30/06/2008 78%
  • No. Of Tenants 21
  • WALE as at 30/06/2008 4.3 years
  • Age of Building 2006

Contact Details