Project Description

Address

43 John Oxley Dr, Port Macquarie NSW 2444

Purchase price

$17.4 million

Acquisition date

November 2013

Description

Opened in 2007, the centre is situated on a site area of 2.3 hectares and located on the sub-arterial of John Oxley Drive, 4km west of the Port Macquarie CBD. The new campus for Charles Sturt University directly adjoins the property.

Features

Full line 3,384m2 Coles with 12 speciality tenancies and 220 on-grade car parking spaces.

Key tenants

Coles, ANZ, Pharmacy Select and Lake Innes Medical Centre

Passing yield

6.2%1

Weighted average lease expiry (WALE)

10.8 years1

IMAGE GALLERY

1 Calculated as of 30 June 2017