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