Oasis Shopping Centre is a three-level sub-regional shopping mall at the centre of Broadbeach, Queensland, on the Gold Coast.
The property is in the heart of Broadbeach, a popular tourist destination for Australian and international travellers. Within walking distance to the beach and landmarks including the Gold Coast Convention Centre and Jupiter’s Hotel and Casino, Oasis caters to both Broadbeach residents and visitors, experiencing approximately 6.8 million visitors a year. The property has a strong mix of national and regional tenants. The centre is anchored by Woolworths Limited and has 125 specialty stores.
This property is held in joint venture with global investment firm KKR.
|Valuation date||December 2015|
|Acquisition date||March 2015|
|Gross lettable area||22,338m2|
|WALE by income||2.8 years|
|Rent review stucture||CPI and Fixed|
|Major tenants by income||Woolworths, Broadbeach Tavern and My Fitness|
|Valuation range||$20-30 million (equity ownership)|