OUR PORTFOLIO
Caringbah Home
Location
220 Taren Point Road, Caringbah, NSWThis well established metropolitan centre is located just 20 kilometres south of Sydney’s CBD with exposure to approximately 44,000 cars per day on Taren Point Road.
The centre benefits from above average household income in the catchment and strong LFR goods spending, which equates to 7.7% above the Sydney average per capita, for a total market share of $1.14 million. Caringbah Home is the only integrated LFR centre in Sydney’s Sutherland Shire.
26
TOTAL TENANTS
593
CAR SPACES
87%
NATIONAL RETAILERS
19,000
GLA (M2)
KEY STATISTICS
| Ownership Interest | 100% |
|---|---|
| WALE (yrs) | 1.1 |
| Occupancy (by GLA) | 99% |
| Site Area | 23,000m2 |
| Gross Lettable Area (GLA) | 19,000m2 |
| Number of Retailers | 26 |
| Car Park Spaces | 593 |
| Valuation | $92,000,000 |
|---|---|
| Valuation Date | 30-06-2018 |
| Valuation Type | Internal |
| Capitalisation Rate | 7.50% |
| Total Catchment Population | 300,000 |
| Zoning | LFR |
| Major Retailers | Harvey Norman, Freedom, JB Hi Fi and Forty Winks |
Caringbah Home
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Development Updates
The development pipeline is a key component of the Aventus portfolio enhancement strategy, focusing on year one returns.
Leasing Opportunities
We are always looking to expand, reposition and revitalise our properties, to add value to tenants and lift the shopping experience.