Cooleman Court
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COOLEMAN COURT

BRIERLY ST, WESTON, ACT 2611

Cooleman Court is a neighbourhood centre located in the Canberra suburb of Weston. The centre comprises two supermarkets, Woolworths and ALDI, a Target Country, Best & Less and approximately 40 specialty stores. The new residential area of Molonglo Valley is currently being developed a few kilometres from Cooleman Court and is expected to positively impact the centre.

Grade
NEIGHBOURHOOD
Ownership
100%
GLA
10,687 SQM

Summary information

Car Spaces 500
Acquisition Date Dec-09
Last External Valuation Date 30-Jun-19
Valuation at 30-JUN-20 $70.0m
Valuer Directors Valuation
Capitalisation Rate 6.50%
Discount Rate 7.25%
Centre Mat $131.0m
Specialty Sales $7,379/SQM
Specialty Occupancy Cost 14.9%

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
Woolworths 3,102 Aug-31
Entity Name NLA / GLA SQM Lease Expiry
ALDI 1,548 Jan-24

Lease Expiry Profile % Income

Wale: 5.4 YEARS