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Woodvale Boulevard Shopping Centre, Western Australia

Fund

-          Westpac Diversified Property Fund

Valuation

-          $23m

Valuation Date

-          30 June 2010

Weighted Average Lease Expiry1

-          9.21 years

Occupancy1

-          98.1%

Tenant Mix1

-          45% Corporate, 54% other

 

-          Located at the intersection of Whitfords and Trappers Drive, the property is easily accessible by residents from the surrounding catchment.

-          Located 16 km north of Perth's city centre, the property presents a modern convenience centre with a good tenancy mix.

-          Woolworths supermarket undertook a refurbishment and extension of their store in 2007 and entered a new 20 year lease.

 

1 Information as at 30 June 2010

 

 

 

For more information call the Westpac Diversified Property Fund Infoline on 1300 739 091 (for callers within Australia) or +61 2 8280 7587 (for callers outside Australia).

 

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Last Updated: 03/09/2010