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Easy T Centre, Robina |
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Nature of Property
The Easy T Centre comprises two separate retail components. The main component is a single level shopping centre that has a part commercial level above. The commercial level is leased to the Qld Government. The retail component comprises an Aldi Supermarket, a Westpac ATM and 32 speciality tenancies. The second component, distinguished as the Medical Centre, is a seperate single level building, which is located in a volumetric lot, and comprises 5 tenancies containing largely medical services.
Key Property Details
| Date Purchased: |
November 2006 (Stage 1 and Medical Centre October 2007 (Stage 2) |
| Purchase Price |
$38,518,184 |
| Valuation: |
$28,300,000 |
| Valuation Date: |
June 2010 |
| Structure of Ownership: |
Direct |
| Percentage of Ownership: |
100% |
| Principal Use: |
Shopping Centre |
| Total NLA: |
5,874m2 |
| % Vacant NLA: |
7.30% |
| WALE (as at 30 June 2010): |
2.85 Years |
Major Tenants
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% of Income |
Lease Expiry |
| Aldi Foods Pty Ltd |
9.74% |
August 2016 |
| Qld Government |
8.39% |
August 2012 |
| Easy T Medical Centre |
6.37% |
August 2017 |
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