Establishment of SCA Property Group
Berala, NSW
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Woolworths
Berala
Berala
Walkerville, SA
Woolworths
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23
Property Summary
Type
Valuation ($m)
Property Summary
Neighbourhood
Woolworths Group % Gross Income
75%
Type
Neighbourhood Fully Leased Gross Income ($m)
2.1
18.7
Number of Specialties
5
Valuation ($m)
19.5
Woolworths Group % Gross Income
65%
Centre GLA (sqm)
4,340
Cap Rate
8.00%
Woolworths Group % GLA
85%
Occupancy
100%
Centre GLA (sqm)
5,344
Number of Specialties
12
Fully Leased Gross Income ($m)
1.8
WALE (years)
18.4
Woolworths Group % GLA
79%
Capitalisation Rate
7.75%
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Located within inner north east Adelaide, 3.5 km from the CBD
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Planned completion in April 2013
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Located in the suburb of Berala, approximately 18km west of the Sydney CBD
Completed August 2012
Supermarket anchors the western part of the centre. Specialties are situated at the
eastern part of the centre, either facing Woodburn Road or within an internal mall
Situated on the southern side of Woodburn Road, adjacent to the Berala railway
station. The Woodburn Road strip centre is located directly opposite the
Woolworths store
A railway underpass at the intersection of Woodburn Road and Kerrs Road, around
300 metres north of the centre, provides direct access to the residential area
situated to the east of the railway line
The majority of the area surrounding Woolworths Berala consists of densely
populated, long-established residential development
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Supermarket will occupy the south of the site, while the majority of the specialties
will be located on the north, fronting Walkerville Terrace. Travelator access from the
basement car park
The site occupies a location south of the intersection between Walkerville Terrace
and Smith Street
Walkerville Terrace is the main traffic route through Walkerville, while Smith Street
extends north of the site to North East Road, and Stephen Terrace is a main road
which runs a short distance to the south
Source: SCPRE PDS, MacroPlanDimasiView entire presentation