QueensPlaza

Cfx0001 756X393 0017 Queens Plaza 020
Cfx0001 756X393 0016 Queens Plaza 009
Cfx0001 756X393 0015 Queens Plaza 002
Cfx0001 756X393 0014 Queens Plaza Oct 2012
Cfx0001 756X393 0019 Queens Plaza 023
Cfx0001 756X393 0018 Queens Plaza 105

Property Details

As at 31 December 2019

Property Description

QueensPlaza is a three level City Centre located in the heart of Brisbane's CBD on Queen Street Mall. It is anchored by David Jones and Coles and includes more than 55 specialty stores. The centre features luxury retailers including Burberry, Bvlgari, Chanel, Dior, Fendi, Louis Vuitton, Paspaley, Saint Laurent, Salvatore Ferragamo and Tiffany & Co.

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PROPERTY OVERVIEW

Gross lettable area (GLA) (sqm)

39,378

Car spaces

600

Occupancy rate by GLA (%)

100.0

Number of tenants

65

Total Trade Area (000’s)

2,394

Weighted average lease expiry by GLA (years)

8.9

Tenant mix by gross lettable area (GLA)

SPECIALTY STORE LEASE EXPIRY PROFILE BY INCOME

RETAIL STATISTICS

Moving annual turnover (MAT) ($m)

N/A**

MAT/sqm – Total ($)

N/A**

MAT/sqm – Specialty ($)

N/A**

Specialty occupancy cost (%)^

N/A**

MAJOR TENANTS~

Coles

David Jones

VALUATION

Valuation (Internal) ($m)*

795.0

Valuation date

December 2019

Capitalisation rate (%)

4.75

Discount rate (%)

6.25

SUSTAINABILITY RATINGS

Green Star – Performance

4 Star

" Includes holdovers.
^ Includes marketing levy and based on GST inclusive turnover.
** Non-comparable for sales reporting purposes.
* Expressed on 100% basis.
~ Classified in accordance with SCCA guidelines, typically includes department stores, discount department stores, supermarkets and cinemas.

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