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Rocks Shopping Fair, South West Rocks |
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Nature of Property
The Rocks Shopping Fair is a single level shopping centre constructed in 2000. The centre is anchored by a Bi-Lo supermarket and has 19 speciality shops and 315 car parks.
Key Property Details
| Date Purchased: |
May 2004 |
| Purchase Price |
$8,400,000 |
| Valuation: |
$6,300,000 |
| Valuation Date: |
March 2011 |
| Structure of Ownership: |
Direct |
| Percentage of Ownership: |
100% |
| Principal Use: |
Shopping Centre |
| Total NLA: |
4,555m2 |
| % Vacant NLA: |
8.88% |
| WALE (as at 30 June 2011): |
2.48 Years |
Major Tenants
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% of Income |
Lease Expiry |
| Bi-Lo Supermarket |
39.19% |
November 2015 |
| Crazy Clarks |
13.38% |
October 2012 |
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