The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Interested in a Corporate TUD+ Membership? Access premium content, site tours, event discounts and networking opportunities
Interested in a Corporate Membership? Access exclusive member benefits today
Enquire NowEnquire
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Partner Lab
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
RetailStaff WriterSun 01 Dec 13

SCA acquires $146m shopping centre portfolio in Tasmania

h



Kingston Plaza 15 kilometres south of the city is approximately 4, 726 square metres (GLA) and 10.6 WALE (years) by income. The convenient onsite parking allows visitors to reach key tenants such as Medical Centre, Bread Café, and My State Financial Services with ease.

Greenpoint Plaza is at the centre of Bridgewater’s services and retail hub featuring specialties such as Priceline and Government services. The centre is approximately 5, 958 square metres (GLA) and 6.2 WALE (years) by income.
Sorell Plaza, which is approximately 5, 447 square metres (GLA) and 13.3 WALE (years) by income.  Located in a neighbourhood 25 kilometres east of Hobart, the Plaza is leased by Shell Express, Commonwealth Bank, Bendigo Bank, Australia Post, and Sorrell Family Medical Practice.



Shoreline Plaza is occupied with Commonwealth Bank, AMCAL Pharmacy and a new Medical Centre. Situated in a strategic location with limited competition the centre is approximately 6, 241 square metres (GLA) and 3.6 WALE (years) by income.

Newtown Plaza is approximately 11, 382 square metres (GLA) and 7.2 WALE (years) by income. Located four kilometres from Hobart’s CBD, the centre holds 487 parking spaces, and is leased by Chemist Warehouse and a 24-hour Kmart.

Riverside Shopping Centre includes a pharmacy and a liquor store, located just four kilometres from Launceston CBD. Featuring on-grade parking, the centre is approximately 3, 108 square metres (GLA) and 6.6 WALE (years) by income.

Knight Frank’s Managing Director of Tasmania, Mr Ian Wells, said “This acquisition by SCA Property Group demonstrates a strong confidence in the Tasmania market and is one of the largest commercial deals to take place ever in Tasmania.”

As of December 2012, SCA’s portfolio is comprised of 69 neighbourhood, sub-regional and freestanding retail shopping centre assets situated across Australia and New Zealand.

RetailAustraliaHobartDeal
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Urban Infill site at Tonsley SA
Exclusive

SA Grapples with ‘Development Killer’ Carparking Law Changes

Leon Della Bosca
7 Min
Exclusive

Brains, Guts and Determination: How Salvo Property Shapes Melbourne’s Skyline

Marisa Wikramanayake
5 Min
Fraser and Partners founder Callum Fraser
Exclusive

Saving Our CBDs: Architect’s Blueprint Paves Way for Office-to-Resi that Works

Leon Della Bosca
8 Min
Exclusive

Watchdog’s Court Loss Throws Spotlight on Union Balancing Act

Clare Burnett
6 Min
Time and Place's The Queensbridge Building at 90 Queens Bridge Street in Melbourne's Southbank.
Exclusive

Innovation Keeps Time & Place’s Southbank Skyscraper Rising

Marisa Wikramanayake
6 Min
View All >
Vicland Property Group's St Germain retail and office hub at 505 Toorak Road in Toorak Village which they have now decided to sell.
Office

Toorak’s St Germain Expected to Fetch $200m

Marisa Wikramanayake
The Australian Turf Club (ATC) has signed an agreement with Seven Hills RSL, owner of Penrith Golf Club
Planning

NSW Racing $5bn Shake-Up Hinges on Rosehill Sale

Vanessa Croll
Hyecorp Roseville EDM
Residential

Hyecorp Reveals 259-Unit Upper North Shore Project

Clare Burnett
As a council’s case against the Transport Oriented Development precincts continues, a developer in the LGA is forging ah…
LATEST
Vicland Property Group's St Germain retail and office hub at 505 Toorak Road in Toorak Village which they have now decided to sell.
Office

Toorak’s St Germain Expected to Fetch $200m

Marisa Wikramanayake
2 Min
The Australian Turf Club (ATC) has signed an agreement with Seven Hills RSL, owner of Penrith Golf Club
Planning

NSW Racing $5bn Shake-Up Hinges on Rosehill Sale

Vanessa Croll
2 Min
Hyecorp Roseville EDM
Residential

Hyecorp Reveals 259-Unit Upper North Shore Project

Clare Burnett
3 Min
Residential

Gurner’s Biohacking Melbourne BtR Launches

Taryn Paris
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/sca-acquires-portfolio-of-neighbourhood-shopping-centres-in-tasmania