PROPERTY / RETAIL PROPERTY / BROADWAY SYDNEY

BROADWAY SYDNEY

Address Bay Street, Glebe, NSW

Ownership 50% Perron Investments Pty Ltd, 50% Mirvac Group

Class Regional shopping centre

Purchased 2007

Year Built 1998

Extended 2007

Refurbished 2016

Land Area 2.23 hectares

Levels 4 levels

Car Bays 1,665

Lettable Area 52,708m²

Broadway comprises approximately 52,708m² of GLA and is anchored by Coles, Kmart, Target, Hoyts, Aldi, Apple, H&M and Sephora.

The centre is situated 2.5km south-west of the Sydney CBD in the suburb of Glebe. With proximity to the University of Technology Sydney and University of Sydney, Broadway services a large student population as well as the emerging catchment of Sydney’s inner-west.

A 50% interest in this property was acquired from Walker Corporation Pty Ltd in January 2007, with Mirvac acquiring the other 50% interest and controlling the centre management by way of a separate Management Agreement.