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Cherrybrook Village
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CHERRYBROOK VILLAGE

41-47 SHEPHERDS DR, CHERRYBROOK, NSW 2126

Located in north-west Sydney, Cherrybrook Village was extensively refurbished and expanded in 2004. Significant remixing and car park works were undertaken in 2018 to improve customer convenience and amenity. This single level neighbourhood centre is anchored by a Woolworths supermarket, in addition to approximately 55 specialty tenancies, including a strong fresh food precinct and local café and dining precinct. Cherrybrook Village was classified as held for sale as at 30 June 2021. Contracts for sale were exchanged in June 2021 and the transaction is expected to settle in 1H22.

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Grade
NEIGHBOURHOOD
Ownership
100%
GLA
9,740 SQM

Summary information

Acquisition/Agreement Date Dec-09
Last External Valuation Date 30-Jun-20
Valuation at 30-JUN-25 $132.8m
Valuer Held for Sale
Capitalisation Rate n/a
Discount Rate n/a
Centre Mat $120.6m
Specialty Occupancy Cost 12.70%
Specialty Sales $10,499/sqm
Car Spaces 441
Specialty occupancy costs: Includes contracted COVID-19 tenant support.
Specialty sales: In line with SCCA guidelines, adjusted for tenant closures during COVID-19 impacted period.

Lease Expiry Profile % Income

Wale: 2.9 YEARS

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
Woolworths 3,832 Mar-25
Entity Name NLA / GLA SQM Lease Expiry
Martelli's Fruit Market 682 Aug-22
Cherrybrook Village people shopping

Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.  

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.