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Bulky Goods / Retail VPT
264-272 Windsor Road, McGraths Hill NSW, Australia
Description
A bulky goods centre completed in 2004 and comprising a Bunnings Warehouse and retail tenancies. Retailers include Joyce Mayne, Repco, Subway, Eurolights, Accent Carpets and Todays Furniture. There is on site parking for 360 vehicles.
Location
The property is located on the western side of Windsor Road, an arterial road, near the intersection with Groves Avenue and approximately 3 kilometres east of Windsor. It is within an emerging bulky goods and commercial precinct in the north western residential growth corridor of Sydney.
Key Information
- OwnershipVPT
- Acquisition1/12/2004
- Purchase Price ($,000)23,800
- Book Value ($,000)28,300 (at 31/12/07)
- Independant Valuation Date1/4/2007
- Independant Valuation ($,000)30,000
- Independant ValuerColliers
- Valuation Cap Rate7.75%
-
Net Lettable AreaRetail: 16,478 sqm
- Car Spaces360
- Occupancy as at 31/12/200795%
- No. Of Tenants8
- WALE as at 31/12/20076.1
- Rent Review StructureVarious
- Age of Building2004