Sentinel Orange Homemaker Trust - Orange Homemaker Centre
Investment Status
Sold
Sale Price
$28.25M
Date of Sale
Oct '21
Day One Distribution
10.00%
Internal Rate of Return*
6.07%
Cash Return (per $1)
1.42
Term
7yrs 10mths
About Sentinel Orange Homemaker Trust
Orange Homemaker Centre is situated on a 72,900sq m (approx.) corner site at the junction of the Mitchell Highway and Lone Pine Avenue.
Leased to some of Australia’s leading ASX listed national retailers including Harvey Norman, Supercheap Auto, Sheridan, Spotlight, BCF, Early Settler and Autobarn. Improved by 4 separate buildings with a total lettable area of 18,256sq m (approx.).
The Property has an additional 10,430sq m (approx.) of vacant land directly fronting the Mitchell Highway with an opportunity to develop a further 4,000sq m of GFA on this parcel.