DFO South Wharf

Cfx0001 756X393 0078 Dfo South Wharf Tb 005
Cfx0001 756X393 0077 Dfo South Wharf Tb 040
Cfx0001 756X393 0076 Dfo South Wharf Tb 026
Cfx0001 756X393 0075 Dfo South Wharf Tb 007
Cfx0001 756X393 0079 Dfo South Wharf Tb 034

Property Details

As at 30 June 2017

Property Description

DFO South Wharf is a two level Outlet Centre located on the south-western fringe of Melbourne's CBD, adjacent to Docklands. The centre comprises more than 175 outlet retailers including Armani Outlet, Michael Kors, Coach and Kate Spade and an exclusive collection of sporting and active apparel outlets. The adjoining Homemaker Hub comprises over 10 large format stores. A reconfiguration and food court upgrade was completed in March 2016.

  • Print
  • Preview
  • Download
  • Add to briefcase
  • Share

PROPERTY OVERVIEW

GLA (sqm)

56,262

Car spaces

3,173

Occupancy rate by GLA (%)

100.0

Number of tenants

220

Weighted average lease expiry by GLA (years)

3.2

Tenant mix by gross lettable area (GLA)

SPECIALTY STORE LEASE EXPIRY PROFILE BY INCOME

RETAIL STATISTICS

Moving annual turnover (MAT) ($m)

396.4

MAT/sqm – Total ($)

9,838

MAT/sqm – Specialty ($)

9,727

Specialty occupancy cost (%)^

10.2

VALUATION

Valuation (External) ($m)*

598.0

Valuation date

June 2017

Capitalisation rate (%)

6.00

Discount rate (%)

8.25

SUSTAINABILITY RATINGS

Green Star – Performance

2 Stars

" Includes holdovers.
^ Includes marketing levy and based on GST inclusive turnover.
^^ 50% acquired in 2010, 25% acquired in 2014 and final 25% acquired in 2017.
* Expressed on 100% basis.
~ Classified in accordance with SCCA guidelines, typically includes department stores, discount department stores and supermarkets.

Title here

OK