Stud Park Shopping Centre

Overview

Stud Park Shopping Centre is located in Rowville, approximately 32 kilometres east of Melbourne's CBD. Set across three separate buildings with on-grade parking, it provides an easy, convenient shopping experience for local residents in this well-established area.

The highly accessible centre is anchored by Kmart and Coles, both refurbished in 2022, and a free-standing Woolworths. Mini-majors include Best Friends Pets, Kando Martial Arts and Henry's Mercato, the core of the centre’s compelling fresh food offer. A range of national brands, specialty stores, services and dining options satisfy the families and couples who visit.

Asset Information

  • Asset typeSub-regional shopping centre
  • Year built1988
  • Asset locationMelbourne, eastern suburbs
  • Site area (hectares)10.92
  • Lettable area ('000sqm)25.4
  • Car parking spaces1,510
  • OwnerDWAPF
  • Ownership (%)100
  • Major tenantColes, Kmart, Woolworths
  • Acquisition dateSeptember 2015
  • Independent valuation dateJune 2023
  • Independent valuation at ownership ($m)135.5
  • Market cap rate (%)6.25
  • Leased by area (%)98.6
  • Weighted lease term by income (years)6.2

  • NABERS Energy rating (without Green Power)5.5
  • NABERS Water rating3.0
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