savills retail sales14 savills retail sales 02 sub regional centres march 2012 centro townsville is...
TRANSCRIPT
Savills Retail Sales Experienced National Retail Sales Team.Proven Results.
$1.1 billionworth of retail sales over the past two years
$4.2 billionsold since GFC
13 retail sales specialists in Australia & New Zealand
savills.com.ausavills.co.nz
2 savills retail sales
Contents01 | retail sales team Savills Retail Sales....................................... 04
02 | sub regional centres Deep Water Plaza ........................................ 07 Centro Springwood ..................................... 08 Manning Mall ............................................... 09 Centro Gympie ............................................ 10 Keilor Downs Plaza .......................................11 Palm Beach Plaza ....................................... 12 Port Pirie ...................................................... 13 Centro Townsville .........................................14 Sub Regional Centres Table ........................ 15
03 | neighbourhood centres The Markets ..................................................17 Castlemaine Shopping Centre .................... 18 Melville ......................................................... 19 Neighbourhood Centres .............................. 20 Neighbourhood Centres Table .................... 22
04 | convenience centres Riverlakes .................................................... 27 Convenience Centres .................................. 28 Convenience Centres Table ........................ 30
05 | large format retail centresMile End.................................................................... 33Large Format Retail Centres .................................... 34Large Format Retail Centres Table .......................... 35
06 | freestandingNeutral Bay ............................................................... 37Booval ..................................................................... 38Boondal .................................................................... 38Balgowlah ................................................................. 39Manly ........................................................................ 39Freestanding Table ................................................... 40
07 | city centresAtwell Arcade ........................................................... 42City Central .............................................................. 42City Centres Table .................................................... 43
08 | cinema centresMillennium Cinema Centre ....................................... 45
09 | service centres & pad sitesService Centres & Pad Sites .................................... 47Service Centres & Pad Sites Table .......................... 48
10 | site salesSite Sales ................................................................. 49
Savills is pleased to present a selection of retail sales which demonstrates the vast experience of our team.Our specialist Retail Sales team is one of the most experienced in the region. We have dedicated operatives in each of Australia’s major capital cities, combining local knowledge with national and international experience, across all retail property types.
To discuss your retail property, please contact one of Savills experienced Retail Sales team.
NSW
Steven Lerche+61 (0) 2 8215 [email protected]
SA
Rino Carpinelli+61 (0) 8 8237 [email protected]
Peter Isaksson+61 (0) 8 8237 [email protected]
Simon Fenn+61 (0) 2 8215 [email protected]
WA
Chris Ireland+61 (0) 8 9488 [email protected]
Paul Craig+61 (0) 8 9488 [email protected]
QLD
Peter Tyson+61 (0) 7 3002 [email protected]
Jon Tyson+61 (0) 7 3002 [email protected]
Michael Harcourt+61 (0) 7 3002 [email protected]
VIC
Pat De Maria+61 (0) 3 8686 [email protected]
Dominic Long+61 (0) 3 8686 [email protected]
New Zealand
Doug Osborne+64 (0) 9 951 [email protected]
Jonathan Lyttle+64 (0) 3 974 [email protected]
Retail Sales Team
savills retail sales 01
savills retail sales01
Established in 1855, Savills has a rich heritage with unrivalled growth. It is a company that leads rather than follows and now has over 600 offices and associates throughout the Americas, Europe, Asia-Pacific, Africa and the Middle East.
Local knowledge and international experience Retail Sales is a constantly evolving sector, and Savills steps up to the challenge with deep expertise and unrivalled resources. Our division has branches in each of the major capital cities, combining local knowledge with Savills national and international experience, across all types of retail property for sale. The team’s expertise extends across this diverse sector, and clients include local and international developers, property owners, private investors, retailers, property trusts and institutions.
Unrivalled resources The Retail Sales team has a unique database of retail sales research, and our advice and sales strategies are informed by property forecasting from our industry-leading research department. Our Retail Sales team is also complemented by specialists in leasing, valuation and asset management, to provide a uniquely comprehensive approach to the sector.
Savills offers personalised service backed up by complex analysis and proven retail strategy – no off the shelf solutions.
Our servicesRetail Sales offers a wide span of agency services, including the sale of:
Convenience shopping centres
Neighbourhood centres
Sub regional and regional centres
Large format retail
Freestanding investments
Development sites
Service stations
AsiaPacific
Americas
Europe
Africa
50Offices
US
, M
exico & Caribbean
57Offices
Europe
120Offices
Asia Pacific
271Offices
Mid
dle East & Africa
106Offices
Uni
ted
Kingdom & Ireland
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Savills Retail Sales01
Asia & Australasia: Australia, China, Hong Kong, India, Japan, Macau, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam Europe: Austria, Belgium, Croatia, France, Germany, Gibraltar, Greece, Italy, Luxembourg, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland UK: England, Ireland, Jersey, Scotland, Wales Africa & Middle East: Angola, Botswana, South Africa, Swaziland, Zambia Americas: Canada, Caribbean, Mexico, United States of America
Savills worldwide locationsOver 600 offices and associates
savills retail sales 01
AsiaPacific
Americas
Europe
Africa
50Offices
US
, M
exico & Caribbean
57Offices
Europe
120Offices
Asia Pacific
271Offices
Mid
dle East & Africa
106Offices
Uni
ted
Kingdom & Ireland
savills retail sales 5
Sub Regional Centres02
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Deepwater Plaza, NSW
Sale Price $98,500,000
July 2014Deepwater Plaza provides a single level sub regional shopping centre anchored by a full line Coles Supermarket, Kmart discount department store, Richies Supa IGA supermarket, Best & Less, Reject Shop, 52 specialty shops, 6 kiosks and 6 ATMs. The Centre is located in Woy Woy which is an established residential suburb and popular holiday destination some 79 kilometres north of the Sydney CBD and 12 kilometres south of Gosford.
GLA: 18,207sq m
Net Passing Yield: 6.8%
Sale Rate ($/GLA): $5,410/sq m
Site Area: 4.29ha
Car Spaces: 700 spaces
02sub regional centres
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02
July 2014Centro Springwood Shopping Centre comprises an enclosed single level sub regional shopping centre anchored by a Target DDS and Woolworths supermarket together with 1 mini-major (Just Crazy Bargains), 36 specialties, 3 freestanding tenancies, 3 kiosks and 2 ATMs. The complex includes an adjacent single level retail Strip Centre know as ‘Springwood Shopping Strip’, providing 576sq m of GLAR over 7 specialty shops.
Centro Springwood, QLD
Sale Price $53,250,000
GLA: 15,559sq m
Net Passing Yield: 7.2%
Sale Rate ($/GLA): $3,422/sq m
Site Area: 5.67ha
Car Spaces: 869 spaces
sub regional centres
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02
July 2013Manning Mall comprises a single level sub regional shopping centre anchored by a Coles supermarket and Target DDS together with 32 specialty tenancies, 3 kiosks, 3 ATMs and a pad site (Hungry Jack’s). Located 309 kilometres north of Sydney and 84 kilometres south of Port Macquarie.
Manning Mall, NSW
GLA: 10,931sq m
Sale Rate ($/GLA): $2,982/sq m
Site Area: 3.13ha
Car Spaces: 430 spaces
Sale Price $32,600,000
sub regional centres
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02
April 2013Centro Gympie is a modern, sub regional shopping centre anchored by a Woolworths supermarket (3,534sq m), Big W discount department store (5,574sq m) and some 47 specialty tenancies, 4 kiosks and 5 ATMs. Car parking is provided for 752 vehicles.
Gympie is an established regional township situated north of the Sunshine Coast Region, 169 kilometres northwest of Brisbane’s CBD and 83 kilometres north of the Maroochydore CBD.
Centro Gympie, QLD
GLA: 14,046sq m
Net Passing Yield: 7.5%
Sale Rate ($/GLA): $4,542/sq m
Site Area: 4.96ha
Car Spaces: 752 spaces
sub regional centres
Sale Price $63,800,000
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02
February 2013Keilor Downs Plaza comprises a single level, enclosed sub regional shopping centre anchored by Kmart, Coles, ALDI, 2 mini-majors, 58 specialities, 10 kiosks, 7 ATMs and 2 fast food pad sites. Included in the sale was a 5.16ha vacant ‘Business 1’ zoned site.
It is located within the established residential suburb of Keilor Downs, 15 kilometres north west of Melbourne’s CBD.
Keilor Downs Plaza, VIC
Sale Price $67,000,000
GLA: 18,782sq m
Sale Rate ($/GLA): $3,131/sq m
Site Area: 13.97ha
Car Spaces: 1,473 spaces
sub regional centres
12 savills retail sales
February 2013This is a sub regional shopping centre anchored by a Countdown supermarket and The Warehouse discount store, together with 13 specialty shops and a McDonald’s pad site. The property includes 2.42ha of development land together with a tavern and liquor outlet which is situated on a separate 5,934sq m Title.
Palm Beach Plaza, Papamoa, NZ
GLA: 14,665sq m
Sale Rate ($/GLA): NZ$2,216/sq m
Site Area: 7.5ha
Car Spaces: 653 spaces
sub regional centres02
Sale Price NZ$32,500,000
savills retail sales 13
Palm Beach Plaza, Papamoa, NZ
sub regional centres 02
December 2012Pirie Plaza Shopping Centre comprises a modern, sub regional shopping centre anchored by a Kmart DDS and Coles supermarket together with 1 mini-major, 16 speciality shops, 1 kiosk and 3 ATMs. The Centre is fully enclosed and constructed over a single level with ample parking for 608 cars at grade.
Port Pirie Shopping Centre, SA
Sale Price $20,000,000
GLA: 10,920sq m
Sale Rate ($/GLA): $1,831/sq m
Site Area: 3.36ha
Car Spaces: 608 spaces
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sub regional centres02
March 2012Centro Townsville is a single level, sub regional shopping centre anchored by a full line Coles supermarket, Townsville’s only Kmart DDS plus a vibrant mix of 23 specialty retailers, 3 kiosks and 3 ATMs.
It is located in Cranbrook, 6 radial kilometres south west of the Townsville CBD. Townsville is the largest regional city in Queensland, positioned 1,400 kilometres north of Brisbane.
Centro Townsville, QLD
GLA: 13,670sq m
Sale Rate ($/GLA): $2,674/sq m
Site Area: 4.24ha
Car Spaces: 796 spaces
Sale Price $36,500,000
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Property Location State Price DateDeepwater Plaza Woy Woy NSW $98,500,000 Jul-2014
Springwood Shopping Centre Springwood QLD $53,250,000 Jul-2014
Seven Hills Shopping Centre Seven Hills NSW $82,500,000 Nov-2013
Manning Mall Taree NSW $32,600,000 Jul-2013
Bacchus Marsh Bacchus Marsh VIC $31,400,000 Jun-2013
Centro Gympie Gympie QLD $63,800,000 Apr-2013
Palm Beach Shopping Plaza Papamoa NZ NZ$32,500,000 Feb-2013
Keilor Downs Plaza Keilor Downs VIC $67,000,000 Feb-2013
Port Pirie Shopping Centre Port Pirie SA $20,000,000 Oct-2012
Centro Hollywood Salisbury SA $73,000,000 Jun-2012
Centro Townsville Shopping Centre
Townsville QLD $36,500,000 Mar-2012
Wanneroo Central Wanneroo WA $69,950,000 Jan-2012
Centro Newton Adelaide SA $37,500,000 Oct-2011
Northgate Shopping Centre Geraldton WA $46,500,000 Oct-2011
Carnes Hill Marketplace Carnes Hill NSW $77,000,000 May-2011
Highlands Marketplace Mittagong NSW $47,500,000 May-2011
Centro Lake Macquarie Lake Macquarie NSW $66,000,000 May-2010
Centro Nerang & Town Nerang QLD $50,000,000 Apr-2010
Seaford Shopping Centre Seaford SA $75,000,000 Sep-2009
Wynnum Plaza Shopping Centre Wynnum QLD $77,500,000 Jun-2009
Nambour Plaza & Nambour Central
Nambour QLD $54,500,000 Feb-2009
Currambine Marketplace Currambine WA $52,450,000 Jan-2008
Sub Regional Centres Cont.
sub regional centres 02
The above table summarises deals completed by a member of the Savills Retail Sales team.
Neighbourhood Centres03
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October 2014 The Markets is an inner city neighbourhood shopping centre anchored by a Coles supermarket with 22 specialties, 1 Kiosk, an ATM and 276 basement and grade level car parks.
The property occupies a prime position at the corner of Melbourne, Boundary and Mollison Streets and is located in South Brisbane, on the border of West End, just 1.75 radial kilometres from the Brisbane GPO.
Sale Price $32,000,000
The Markets, QLD
neighbourhood centres 03
GLA: 5,253sq m
Net Passing Yield: 7.1%
Sale Rate ($/GLA): $6,091/sq m
Site Area: 10,030sq m
Car Spaces: 276 spaces
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October 2014This is a convenience based neighbourhood shopping centre anchored by a strong trading Maxi IGA supermarket, 6 specialties, 1 ATM and 1 office. At grade and under croft parking is available on-site for 71 vehicles with the adjoining Council car park providing additional at grade parking for 73 vehicles.
The property is located in Castlemaine which is the business centre of the Mount Alexander Shire and is located 120 kilometres north west of Melbourne’s CBD and 38 kilometres south of Bendigo.
Sale Price $11,050,000
Castlemaine Shopping Centre, VIC
GLA: 3,581sq m
Net Passing Yield: 8.2%
Sale Rate ($/GLA): $3,086/sq m
Site Area: 7,463sq m
Car Spaces: 71 spaces
neighbourhood centres03
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March 2013Melville Plaza comprises a neighbourhood centre anchored by a Coles supermarket, 26 specialties, 3 ATMs, 1 Kiosk and 2 mobile phone tower leases. Additionally the centre includes a ‘Plus Fitness’ gym located at the first floor level.
It is located within the established residential suburb of Melville, 11 kilometres south west of Perth’s CBD.
Sale Price $29,000,000
Melville Plaza, WACastlemaine Shopping Centre, VIC
GLA: 8,964sq m
Net Passing Yield: 7.2%
Sale Rate ($/GLA): $3,821/sq m
Site Area: 2.21ha
Car Spaces: 500 spaces
neighbourhood centres 03
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Palm City Oasis, NT
Sale Price: $26,750,000
March 2013
GLA: 7,861sq m
Sale Rate ($/GLA): $3,403/sq m
Pinelands Shopping Centre, QLD
Sale Price: $27,950,000
January 2013
GLA: 5,919 sq m
Sale Rate ($/GLA): $4,722/sq m
Big Top, Maroochydore, QLD
Sale Price: $18,478,000
April 2013
GLA: 13,540sq m
Sale Rate ($/GLA): $1,365/sq m
Colmslie Plaza, QLD
Sale Price: $9,020,000
October 2013
GLA: 4,443sq m
Sale Rate ($/GLA): $2,030/sq m
Goldfields Shopping Centre, NZ
Sale Price: NZ$6,850,000
July 2014
GLA: 8,169sq m
Sale Rate ($/GLA): NZ$839/sq m
Wingham Plaza, NSW
Sale Price: $10,800,000
July 2014
GLA: 4,366sq m
Sale Rate ($/GLA): $2,474/sq m
neighbourhood centres03
Neighbourhood Centres
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Hope Island Shopping Centre, QLD
Sale Price: $25,400,000
January 2012
GLA: 5,510sq m
Sale Rate ($/GLA): $4,610/sq m
Fernvale Village, QLD
Sale Price: $11,350,000
January 2012
GLA: 4,176sq m
Sale Rate ($/GLA): $4,478/sq m
Park Ridge Shopping Centre, QLD
Sale Price: $24,825,000
November 2012
GLA: 5,265sq m
Sale Rate ($/GLA): $3,818/sq m
Coolum Park Shopping Centre, QLD
Sale Price: $15,699,000
August 2012
GLA: 3,992sq m
Sale Rate ($/GLA): $3,923/sq m
Jewellstown Plaza, NSW
Sale Price: $9,000,000
December 2012
GLA: 4,516sq m
Sale Rate ($/GLA): $4,478/sq m
neighbourhood centres 03
22 savills retail sales
Property Location State Price DateThe Markets West End QLD $32,000,000 Oct-2014
Castlemaine Shopping Centre Castlemaine VIC $11,050,000 Oct-2014
Wingham Plaza Wingham NSW $10,800,000 Jun-2014
Goldfields Shopping Centre Thames NZ NZ$6,850,000 Jun-2014
Colmslie Plaza Morningside QLD $9,000,000 Oct-2013
Glenrose Glenrose NSW $9,500,000 Aug-2013
Newtown Newtown NSW $18,700,000 Jun-2013
Metro Centre Hurstville NSW $11,650,000 Jun-2013
Campbelltown Arcade Cambelltown NSW $4,110,000 Jun-2013
Centro Woodcroft Woodcroft NSW $22,600,000 May-2013
Braybrook Shopping Centre Braybrook VIC $11,500,000 May-2013
Big Top Shopping Centre Maroochydore QLD $18,478,000 Apr-2013
Melville Plaza Melville WA $29,000,000 Apr-2013
Palm City Oasis Palmerston NT $26,750,000 Mar-2013
Rochedale Rochedale QLD $20,000,000 Mar-2013
Jewellstown Plaza Jewells NSW $9,000,000 Dec-2012
Centro Pinelands Sunnybank Hills QLD $27,950,000 Dec-2012
Kings Cross Centre Sydney NSW $23,810,000 Nov-2012
Park Ridge Shopping Centre Park Ridge QLD $25,000,000 Nov-2012
Retail Centre, Surfers Paradise Surfers Paradise QLD $7,000,000 Nov-2012
Centro Dubbo Dubbo NSW $29,400,000 Oct-2012
Coolum Park Shopping Centre Sunshine Coast QLD $15,700,000 Aug-2012
Perigian Perigian QLD $20,450,000 May-2012
Hope Island Shopping Centre Hope Island QLD $25,400,000 Jan-2012
Fernvale Village Fernvale QLD $11,350,000 Jan-2012
Yarra Glen Shopping Centre Yarra Glen VIC $8,400,000 Dec-2011
Tahmoor Shopping Village Tahmoor NSW $6,000,000 Dec-2011
Marketland Shopping Centre Penrith NSW $4,500,000 Dec-2011
Tannum Central Shopping Centre Townsville QLD $13,975,000 Dec-2011
Neighbourhood Centres Cont.
neighbourhood centres03
savills retail sales 23
Neighbourhood Centres Cont.Property Location State Price DateWest Gosford Shopping Centre West Gosford NSW $28,500,000 Oct-2011
Centro Warners Bay Warners Bay NSW $24,560,000 Oct-2011
Woolworths Thrift Park Mentone VIC $29,000,000 Oct-2011
Ballina Central Shopping Centre Ballina NSW $29,000,000 Sep-2011
Harrington Plaza Harrington Park NSW $8,500,000 Sep-2011
Blunder Road Shopping Centre Oxley QLD $20,560,000 Sep-2011
Centro Albany Creek Brisbane QLD $40,125,000 Aug-2011
Kmart Plaza Shopping Centre Mount Isa QLD $26,500,000 Jul-2011
Mandurah Central Mandurah WA $9,700,000 Jul-2011
BKK Shopping Centre Cabramatta NSW $20,000,000 Jun-2011
West Ryde Marketplace West Ryde NSW $34,000,000 May-2011
Thornleigh Marketplace Thornleigh NSW $28,000,000 May-2011
Greystanes Shopping Centre Greystanes NSW $25,500,000 May-2011
Rutherford Marketplace Rutherfod NSW $25,000,000 May-2011
Pemulwuy Marketplace Pemulwuy NSW $19,000,000 May-2011
Windsor Marketplace Windsor NSW $16,000,000 May-2011
Berowra Village Shopping Centre Berowra Heights NSW $15,000,000 May-2011
Breakfast Point Village Centre Breakfast Point NSW $9,275,000 May-2011
Pakington Strand Geelong West VIC $20,300,000 May-2011
Miller Shopping Centre Miller NSW $11,900,000 Mar-2011
Gawler Northern Markets Gawler SA $19,500,000 Feb-2011
Lakewood Shopping Centre Lakewood NSW $11,310,000 Jan-2011
Indooroopilly Junction Indooroopilly QLD $12,640,000 Jan-2011
Ascot Park Shopping Centre Ascot Park SA $6,700,000 Jan-2011
Margaret River Shopping Centre Margaret River WA $11,050,000 Jan-2011
Manjimup Shopping Centre Manjimup WA $2,350,000 Jan-2011
Coogee Village Coogee NSW $9,900,000 Dec-2010
Crestwood Plaza Ashmore QLD $12,800,000 Dec-2010
neighbourhood centres 03
24 savills retail sales
neighbourhood centres03
Property Location State Price DateThe Avenues Shopping Centre Stepney SA $23,010,000 Dec-2010
Cabramatta City Centre Cabramatta NSW $18,100,000 Oct-2010
IGA Hammondville Hammondville NSW $5,100,000 Sep-2010
Drews Road Shopping Centre Loganholme QLD $6,900,000 Sep-2010
Centro St Agnes St Agnes SA $35,450,000 Sep-2010
Bardon Central Bardon QLD $8,000,000 Aug-2010
Northgate Village Northgate SA $18,675,000 Aug-2010
Maddington Village Maddington WA $7,500,000 Aug-2010
Illawong Village Illawong NSW $21,000,000 Jun-2010
Cecil Hills Shopping Village Cecil Hills NSW $10,800,000 Jun-2010
Murray Bridge Shopping Centre Murray Bridge SA $21,750,000 Mar-2010
Elermore Shopping Centre Elermore NSW $8,350,000 Feb-2010
Coles Tyne Square Northbridge WA $8,950,000 Feb-2010
Riverfront Shopping Centre Kempsey QLD $12,500,000 Jan-2010
Kwinana Hub Shopping Centre Kwinana WA $25,000,000 Dec-2009
Bell Central Mudgeeraba QLD $14,050,000 Nov-2009
Narangba Valley Shopping Centre Narangba QLD $14,500,000 Oct-2009
The Markets Shopping Centre West End QLD $24,300,000 Aug-2009
Centro Rosebud Rosebud VIC $13,150,000 Aug-2009
Centro Kincumber Kincumber NSW $21,400,000 Jun-2009
Vincent Village Shopping Centre Townsville QLD $12,060,000 May-2009
Coles, Upper Coomera Upper Coomera QLD $10,020,000 May-2009
Jindalee Central Jindalee QLD $7,150,000 May-2009
Greenpoint Shopping Centre Greenpoint NSW $8,435,000 Apr-2009
Kogarah Town Centre Kogarah NSW $10,500,000 Feb-2009
Mount Sheridan Plaza Cairns QLD $26,200,000 Jan-2009
Mango Hill Shopping Centre Mango Hill QLD $5,500,000 Jan-2009
Kessels Central MacGregor QLD $13,600,000 Nov-2008
Hermit Park Shopping Centre Townsville QLD $12,100,000 Oct-2008
Ferny Grove Shopping Centre Ferny Grove QLD $34,600,000 Oct-2008
Coles Leederville Leederville WA $27,100,000 Oct-2008
Beldon Shopping Centre Beldon WA $8,400,000 Oct-2008
McNess Royal Arcade Perth CBD WA $13,650,000 Sep-2008
Circa Retail Bella Vista NSW $34,600,000 Jun-2008
Mt Annan Central Mt Annan NSW $22,400,000 Jun-2008
Kelmscott Marketplace Kelmscott WA $17,900,000 Jan-2008
The above table summarises deals completed by a member of the Savills Retail Sales team.
Convenience Centres04
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September 2014This property is anchored by an IGA supermarket, Chemist Warehouse Pharmacy and Medical Centre and supported by a vibrant mix of specialty tenants. The complex comprises four buildings, incorporates a freestanding childcare centre and a freestanding building leased to Anytime Fitness.
It is located on a prominent corner site at Cornubia in greater Brisbane’s southern growth corridor within 28 radial kilometres southeast of the CBD.
Riverlakes Shopping Village, QLD
Sale Price $11,500,000
GLA: 2,812sq m
Net Passing Yield: 8.2%
Sale Rate ($/GLA): $4,090/sq m
convenience centres 04
28 savills retail sales
Enoggera Convenience Centre, QLD
Sale Price: $4,700,000
February 2013
GLA: 805sq m
Sale Rate ($/GLA): $5,839/sq m
Burnside Village, QLD
Sale Price: $6,200,000
March 2014
GLA: 1,895sq m
Sale Rate ($/GLA): $3,272/sq m
Tansey Drive Shopping Centre, QLD
Sale Price: $2,050,000
July 2014
GLA: 694sq m
Sale Rate ($/GLA): $2,954/sq m
Sherwood Court, QLD
Sale Price: $3,900,000
July 2013
GLA: 696sq m
Sale Rate ($/GLA): $1,537/sq m
convenience centres04
Convenience Centres
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Fig Trees Shopping Centre, QLD
Sale Price: $4,600,000
October 2012
GLA: 1,893sq m
Sale Rate ($/GLA): $2,430/sq m
Forest Fair Shopping Centre, QLD
Sale Price: $4,300,000
August 2012
GLA: 1,197sq m
Sale Rate ($/GLA): $3,592/sq m
Spring Lake Metro, QLD
Sale Price: $16,500,000
April 2012
GLA: 10,087sq m
Sale Rate ($/GLA): $1,636/sq m
Christine Corner, QLD
Sale Price: $18,700,000
December 2012
GLA: 4,176sq m
Sale Rate ($/GLA): $4,478/sq m
convenience centres 04
30 savills retail sales
Property Location State Price DateRiverlakes Village Loganholme QLD $11,500,000 Sep-2014
Tansey Drive Tanah Merah QLD $2,050,000 Jun-2014
Burnside Village Nambour QLD $6,200,000 Mar-2014
Sherwood Court Sherwood QLD $3,900,000 Jul-2013
Enoggera Centre Enoggera QLD $4,700,000 Feb-2013
Christine Corner Varsity Lakes QLD $18,700,000 Dec-2012
Fig Trees Clayfield QLD $4,600,000 Oct-2012
Forest Fair Forest Lake QLD $4,300,000 Aug-2012
Spring Lake Metro Springfield Lakes QLD $16,500,000 Apr-2012
Springwood Chambers Springwood QLD $3,200,000 Aug-2011
2069 Moggill Road Kenmore QLD $2,670,000 May-2010
Narangba Commercial Centre Narangba QLD $2,625,000 Jan-2010
Anzac Avenue Retail Centre North Lakes QLD $4,000,000 Jan-2009
Grand 200 Shopping Centre Forest Lake QLD $10,200,000 Apr-2008
Convenience Centres Cont.
convenience centres03
The above table summarises deals completed by a member of the Savills Retail Sales team.
Convenience Centres Cont.
Large Format Retail Centres05
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December 2012This property comprises a modern single level Large Format Retail Centre that opened in 2004. It stretches across four separate buildings and is situated on two separately titled ‘Bulky Goods’ zoned land parcels with a total site area of circa 52,470sq m.
The property is situated in Mile End South, 2 kilometres west of the Adelaide CBD.
Mile End Homemaker Centre, SA
Sale Price $43,800,000
GLA: 23,278sq m
Sale Rate ($/GLA): $1,882/sq m
Site Area: 5.25 hectares
Car Spaces: 550 spaces
large format retail centres 05
34 savills retail sales
Home HQ, Ipswich, QLD
Sale Price: $23,500,000
February 2013
GLA: 12,903sq m
Sale Rate ($/GLA): $1,821/sq m
Zone Bulky Centre, Darwin, NT
Sale Price: $14,000,000 (includes spare land)
June 2012
GLA: 6,430sq m
Sale Rate ($/GLA): $1,649/sq m
Home Central Coffs Harbour, NSW
Sale Price: $8,500,000
September 2012
GLA: 6,544sq m
Sale Rate ($/GLA): $1,299/sq m
large format retail centres05
Bathurst Supa Centre, NSW
Sale Price: $10,050,000
June 2013
GLA: 7,483sq m
Sale Rate ($/GLA): $1,343/sq m
Large Format Retail Centres
Large Format Retail Centres Cont.Property Location State Price DateProspect Homebase Prospect NSW $40,450,000 Nov-2013
Bathurst Supa Centre Bathurst NSW $10,050,000 Jun-2013
Home HQ Ipswich Ipswich QLD $23,500,000 Feb-2013
West Gosford Hometown West Gosford NSW $19,075,000 Jan-2013
Home Central Retail Centre Coffs Harbour NSW $8,500,000 Sep-2012
Mile End Homemaker Centre Mile End SA $43,800,000 Sep-2012
Zone Darwin Darwin NT $14,000,000 Jun-2012
Zone Rothwell Rothwell QLD $25,700,000 Dec-2011
Lifestyle Centre Tamworth Tamworth NSW $9,500,000 Nov-2011
Zone Maroochydore Maroochydore QLD $18,550,000 Nov-2011
Zone Underwood Underwood QLD $23,000,000 Jul-2011
Lake Haven Homemaker Centre Lake Haven NSW $28,500,000 Jan-2011
Style Homemaker Centre Alexandria NSW $47,100,000 Mar-2010
Homemaker City Bankstown Bankstown NSW $25,200,000 Mar-2010
Noosa Gateway Homemaker Noosa QLD $10,800,000 Mar-2010
Jindalee Allsports Centre Jindalee QLD $9,250,000 Jan-2010
Geelong Homemaker Centre Geelong VIC $34,300,000 Dec-2009
Thomastown Homemaker Centre Thomastown VIC $26,750,000 Dec-2009
Rothwell Homemaker Centre Rothwell QLD $14,907,575 Jun-2009
Windsor Homezone Windsor QLD $48,500,000 Nov-2008
savills retail sales 35
large format retail centres 05
The above table summarises deals completed by a member of the Savills Retail Sales team.
Freestanding06
savills retail sales 37
January 2012Woolworths Neutral Bay consists of a 3,900sq m supermarket and liquor store with basement parking accessed by an elevator or pedestrian walkway.
It is located in the heart of the thriving Neutral Bay retail, restaurant and business centre 5 kilometres from the Sydney CBD and 1.5 kilometres from the North Sydney CBD.
Woolworths Neutral Bay, NSW
Sale Price $40,000,000
GLA: 3,900sq m
Net Passing Yield: 4.7%
Sale Rate ($/GLA): $10,256/sq m
freestanding 06
38 savills retail sales
August 2014This property is located within the Booval Homemaker Centre on busy Brisbane Road within 3 kilometres of the Ipswich CBD.
The building is currently leased to Bunnings until October 2015, with Bunnings anticipated to exit around the end of the current lease term. It was sold to Harvey Norman for owner occupation.
Bunnings, Booval, QLD
Sale Price $10,800,000
GLA: 8,606sq m
Sale Rate ($/GLA): $1,255/sq m
freestanding06
May 2014The property comprises a brand new freestanding IGA supermarket, leased on a new 10 year lease with 3 x 5 year options. The property features convenient grade level car parking for approximately 51 vehicles.
It is located in the established suburb of Boondall, approximately 14 radial kilometres north of the Brisbane CBD.
IGA Boondall, QLD
Sale Price $3,398,888
GLA: 809sq m
Net Passing Yield: 7.9%
Sale Rate ($/GLA): $4,201/sq m
savills retail sales 39
June 2012The property comprises a freestanding Woolworths supermarket that was under construction at the time of sale. On completion, the property will provide parking for 314 cars. It was sold with a new 20 year lease in place (expiry December 2022 plus 4 x 10 year options).
Woolworths Balgowlah is located in Sydney’s affluent North Beaches some 14 kilometres north of the Sydney CBD.
Woolworths Balgowlah, NSW
Sale Price $27,500,000
GLA: 3,495sq m
Net Passing Yield: 6.1%
Sale Rate ($/GLA): $7,868/sq m
Coles Manly, NSW
June 2012Coles Manly is situated within a mixed use development known as ‘The Peninsular’ which is located in the heart of Manly CBD with frontage to Wentworth and Darley Streets. A basement level car park owned and operated by Manly Council provides car parking for 288 vehicles. It was sold with a new 20 year lease in place (expiry June 2022 with 4 x 5 year options).
Sale Price $10,700,000
GLA: 2,112sq m
Net Passing Yield: 6.9%
Sale Rate ($/GLA): $5,066/sq m
freestanding 06
freestanding06
Property Location State Price DateBunnings Booval QLD $10,800,000 Jul-2014
Boondall IGA Boondall QLD $3,398,888 May-2014
Woolworths Balgowlah NSW $27,500,000 Jun-2012
Woolworths Campsie NSW $16,000,000 Jun-2012
Coles Manly NSW $10,700,000 Jun-2012
Woolworths Neutral Bay NSW $38,000,000 Jan-2012
St George IGA St George QLD $3,100,000 Dec-2010
Dan Murphys Manly Vale NSW $11,350,000 Mar-2010
Bunnings Rockdale NSW $25,300,000 Nov-2009
Bunnings Nerang QLD $16,350,000 Jun-2009
Bunnings Kalgoorlie WA $6,105,000 Jun-2009
Coles Coorparoo QLD $13,020,000 Mar-2009
Bunnings O'Connor WA $12,800,000 Jul-2008
40 savills retail sales
Freestanding Cont.
The above table summarises deals completed by a member of the Savills Retail Sales team.
Freestanding Cont.
07 City Centres
42 savills retail sales
January 2012Perth City Central is a modern retail/commercial development, centrally positioned within the Murray Street retail mall, in the Perth CBD.
The property is constructed over five levels, with the ground floor anchored by a 2,139sq m Woolworths supermarket and 10 prime retail tenancies. The first floor is anchored by a 1,172sq m Crazy Clark’s tenancy and 9 additional specialty tenants.
City Central Perth, WA
Sale Price $57,000,000
GLA: 13,169sq m
Sale Rate ($/GLA): $4,328/sq m
Site Area: 3,737sq m
Car Spaces: 27 spaces
October 2013The property comprises a prime retail/commercial property constructed over two levels, incorporating a mall arcade between High and Cantonment Street.
The property occupies a prime High Street Mall position within the heart of Fremantle’s city centre.
Atwell Arcade Fremantle, WA
Sale Price $8,500,000
GLA: 2,678sq m
Net Passing Yield: 8.4%
Sale Rate ($/GLA): $3,174/sq m
Site Area: 2,403sq m
city centres07
Property Location State Price Date254 Collins Street Melbourne VIC $14,210,000 Nov-2013
Atwell Arcade Fremantle WA $8,500,000 Oct-2013
33 Queen Street Brisbane QLD $34,000,000 Apr-2013
428 Victoria Avenue Chatswood NSW $15,800,000 Mar-2013
180 Queen Street Brisbane QLD $29,500,000 Jun-2012
Perth City Central Perth CBD WA $57,000,000 Dec-2011
David Jones Perth CBD WA $114,500,000 Dec-2009
city centres 07
City Centres Cont.
savills retail sales 43
The above table summarises deals completed by a member of the Savills Retail Sales team.
Cinema Centres08
savills retail sales 45
November 2012The property comprises a modern cinema and retail complex situated in the heart of the port city of Fremantle, approximately 17 kilometres south west of the (CBD).
The property occupies the prime retail location, just off South Terrace, in the centre of Fremantle’s famous ‘Cappuccino Strip’.
The Millennium Cinema and Retail Complex consists of a four screen cinema complex with seating for 1,402 people and has an area of 2,299sq m. In addition, the complex provides four retail food tenancies with an area of 1,199sq m. The total area of the complex is 3,498.3sq m. The property additionally provides secure on-site parking for 32 vehicles.
Millennium Cinema & Retail Complex, WA
Sale Price $9,600,000
GLA: 3,498sq m
Sale Rate ($/GLA): $2,744/sq m
Site Area: 2,434sq m
Car Spaces: 32 spaces
cinema centres 08
Service Centres & Pad Sites09
savills retail sales 47
Caltex Goondiwindi, QLD
Sale Price: $6,950,000
June 2012
Site Area: 4.048ha
Sale Rate ($/Site): $172/sq m
Red Rooster Cannon Hill, QLD
Sale Price: $2,500,000
July 2014
GLA: 214sq m
Net Passing Yield: 5.0%
Sale Rate ($/GLA): $11,682/sq m
Hungry Jack’s Munno Para, SA
Sale Price: $3,500,000
August 2014
GLA: 184sq m
Net Passing Yield: 5.4%
Sale Rate ($/GLA): $19,022/sq m
Red Rooster Deagon, QLD
Sale Price: $2,000,000
July 2014
GLA: 215sq m
Net Passing Yield: 6.6%
Sale Rate ($/GLA): $9,302/sq m
BP Cleveland, QLD
Sale Price: $1,950,000
July 2013
Site Area: 1,590sq m
Sale Rate ($/Site): $1,226/sq m
Red Rooster Kelvin Grove, QLD
Sale Price: $2,200,000
July 2014
GLA: 214sq m
Net Passing Yield: 5.1%
Sale Rate ($/GLA): $10,280/sq m
service centres & pad sites 09
Service Centres & Pad Sites
service centres & pad sites09
Property Location State Price DateHungry Jack’s Munno Para SA $3,500,000 Aug-2014
Red Rooster Cannon Hill QLD $2,511,188 Jul-2014
Red Rooster Kelvin Grove QLD $2,220,000 Jul-2014
Red Rooster Deagon QLD $1,900,500 Jul-2014
Matilda Service Station Zillmere QLD $1,300,000 Dec-2013
Shell Service Station Lidcombe NSW $2,541,000 Sep-2013
Caltex Goondiwindi Goondiwindi QLD $6,950,000 Jun-2012
Breakfast Creek Wharf Newstead QLD $6,350,000 Apr-2012
Rothwell Service Station Rothwell QLD $2,800,000 Jan-2011
Caltex Service Station Taree Taree NSW $8,600,000 Jan-2010
Red Rooster Narangba QLD $2,900,000 May-2009
Caltex Emerald Emerald QLD $5,000,000 Jun-2008
48 savills retail sales
Service Centres & Pad Sites Cont.
The above table summarises deals completed by a member of the Savills Retail Sales team.
savills retail sales 49
10 Site Sales
50 savills retail sales
Site SalesProperty Location State Price DateLand adjoining Keilor Downs Plaza Keilor Downs VIC $4,250,000 Aug-2014
Pimpama Site Pimpama QLD $14,180,000 Jun-2014
New Farm Site Sale Nerang QLD $14,000,000 Jun-2014
420 Craigieburn Road Craigieburn VIC $8,600,000 May-2014
176 Hotham Creek Road Willow Vale QLD $2,700,000 Apr-2014
92 Wrights Road Kellyville NSW $6,060,000 Feb-2014
40 Sherwood Road Toowong QLD $6,250,000 Jan-2014
Retail Development Sites (3) North Lakes QLD $19,530,000 Dec-2013
Retail Site, Springfield Springfield QLD $1,900,000 Nov-2013
Cnr Ashmore Road and Ross Street Ashmore QLD $7,500,000 Jan-2013
Royal Pines Resort, Ashmore Gold Coast QLD $14,700,000 Dec-2012
Rockhampton Site Rockhampton QLD $3,550,000 Jan-2012
104-112 Brisbane Road Booval QLD $1,750,000 Oct-2011
Southlink Business Park Site Parkinson QLD $9,200,000 Aug-2011
2462 Beaudesert Road Calamvale QLD $2,650,000 Aug-2011
90 Coonan Street Indooroopilly QLD $1,200,000 Jul-2011
Rothwell Site Rothwell QLD $2,500,000 Jun-2011
Walkerville Site Walkerville SA $8,760,000 Jun-2011
Mears Avenue Kwinana WA $5,000,000 Jun-2011
150-154 Station Road Burpengary QLD $1,500,000 Mar-2011
Retail Development Site Sunshine Coast QLD $8,500,000 Jan-2011
241 Sinnamon Road Jindalee QLD $1,250,000 Dec-2010
Nerang Town Centre Site Nerang QLD $11,500,000 Apr-2010
26-214 Burrows Road Bowen Hills QLD $7,150,000 Apr-2010
681 Deception Bay Road Deception Bay QLD $2,400,000 Oct-2008
Lot 203 Maroochy Boulevarde Maroochydore QLD $6,113,837 Jun-2008
site sales10
The above table summarises deals completed by a member of the Savills Retail Sales team.
savills retail sales 51
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