HABEN RETAIL NO. 2 TRUST (HR2T)

Station Plaza

HR2T was established in June 2012, the asset of this trust is Station Plaza St Marys, a Retail Neighbourhood Shopping Centre located adjacent to St Mary’s train station.

The site was acquired on a net passing yield of 11.3% which represents buying at $2000 per square metre of GFA including land, a price well below replacement cost.

Since acquiring the asset Haben have achieved the following:

  • Leased vacancy
  • Installed a new passenger lift to improve convenience
  • Refitted the bathrooms to improve amenity
  • Identified residential development opportunities on the site

Click here to visit website

hb_logo-03-07

ADDRESS

Suite 3.05, Level 3
203-233 New South Head Rd
Edgecliff NSW 2027

CONTACT

Phone: 02 9302 5900
Fax: 02 9328 5890
Email: info@haben.com.au

PRIVACY POLICY

© 2016 HABEN. All Rights Reserved, AFSL 342515