Oakleigh Central

Oakleigh 756X393

Property Details

As at 30 June 2021

Property Description

Oakleigh Central is a single level Neighbourhood shopping centre located approximately 18 kilometres south-east of the Melbourne CBD. It is anchored by Coles and Woolworths and includes more than 25 specialty stores.

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PROPERTY OVERVIEW

Gross lettable area (GLA) (sqm)

14,360

Car spaces

600

Occupancy rate by GLA (%)

97.9

Number of tenants

41

Total Trade Area (000’s)

48

Weighted average lease expiry by GLA (years)

4.1

Tenant mix by gross lettable area (GLA)

SPECIALTY STORE LEASE EXPIRY PROFILE BY INCOME

VALUATION

Valuation (External) ($m)*

80.0

Valuation date

June 2021

Capitalisation rate (%)

5.50

Discount rate (%)

6.50

SUSTAINABILITY RATINGS

Green Star – Performance

3 Stars

NABERS Energy rating

4.5 Stars

NABERS Water rating

3 Stars

MAJOR TENANTS~

Coles

Woolworths

Some asset metrics have not been reported this period due to COVID-19 impacts.
" Includes holdovers.
* Expressed on 100% basis.
~ Classified in accordance with SCCA guidelines, typically includes department stores, discount department stores, supermarkets and cinemas.

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