MRS Harmony Brighton Central

Building type/sector: Retail

Investor return:
8.5% per annum distribution

Brighton Central Shopping Centre is located in the affluent Adelaide beachside suburb of Brighton, approximately 13 kms south-west of the CBD.  Acquired in 2015 with the intention to redevelop the Centre to uplift the offering and attract a new mix of tenants, a significant and total rejuvenation of the asset was completed in December 2017, leading to great feedback from the local community.

 

The Centre is anchored by a Foodland supermarket with 17 speciality stores including but not limited to a Cellarbrations Liquor, Bakers Delight and Terry White Chemist, with balance operators covering food and beverage, health and beauty as well as fashion.

More than 135 on-site car parks are available to support the total lettable area of the centre which exceeds 4,500 sqm, sitting on a prominent site of 11,300 sqm in area.

525-531 Brighton Road, Brighton SA

Building/Sector Type: Retail

Acquisition Date: April 2015
Purchase Price: $14.06 million