OUR PORTFOLIO
Warners Bay Home
Location
240 Hillsborough Road, Warners Bay, NSWWarners Bay Home is a purpose built centre developed by BBRC in 2009 on an elevated 3.5 hectare site.
Located 12 kilometres south-west of Newcastle’s CBD and 4 kilometres from Charlestown Square, the centre has good visibility due to its high profile location and 475 metre frontage on Hillsborough Road.
Warners Bay Home is located within the expanding Lake Macquarie catchment area, where income levels and LFR spending rates sit above the regional New South Wales average.
12
TOTAL TENANTS
370
CAR SPACES
98%
NATIONAL RETAILERS
12,000
GLA (M2)
KEY STATISTICS
| Ownership Interest | 100% |
|---|---|
| WALE (yrs) | 5.7 |
| Occupancy (by GLA) | 98% |
| Site Area | 35,000m2 |
| Gross Lettable Area (GLA) | 12,000m2 |
| Number of Retailers | 12 |
| Car Park Spaces | 370 |
| Valuation | $42,000,000 |
|---|---|
| Valuation Date | 31-12-2019 |
| Valuation Type | Independent |
| Capitalisation Rate | 7.25% |
| Total Catchment Population | 225,138 |
| Zoning | LFR |
| Major Retailers | The Good Guys, Officeworks, Pillowtalk, Genesis Fitness |
Warners Bay 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.