1-19 Chancellor Village Boulevard, Sippy Downs, Queensland
The Property
The latest addition to the Chancellor Village district, this centre is adjacent to a busy Woolworths supermarket and medical centre, the Chancellor Homemaker Centre, Chancellors Tavern and residential complexes. The centre benefits from excellent access and exposure to a high volume of vehicular traffic in and out of the precinct.
Property Snapshot
| Property description |
Convenience centre |
| Value1 |
$7,250,000 |
| Valuation date |
11 April 2008 |
Weighted average lease term
(weighted by income) |
3.9 years |
| Net lettable area |
1,375 m2 |
| Date of acquisition |
15 December 2005 |
| Major tenants |
ANZ Bank, Video Ezy,
Eagleboys Pizza and Subway |
Occupancy level
|
100% |
- This is the current book value of the property in the accounts of the Trust, based on an independent valuation conducted by Herron Todd White (Sunshine Coast) Pty Ltd in April 2008.
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