Orchard Funds Management – realestatesource https://www.realestatesource.com.au Commercial and residential property news Thu, 04 Aug 2011 04:00:25 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.5 https://www.realestatesource.com.au/wp-content/uploads/2024/03/rsfav-100x100.png Orchard Funds Management – realestatesource https://www.realestatesource.com.au 32 32 Orchard to Sell Gold Coast’s Chevron Renaissance Shopping Centre https://www.realestatesource.com.au/orchard-to-sell-gold-coasts-chevron-renaissance-shopping-centre/ Thu, 04 Aug 2011 04:00:25 +0000 http://realestatesource.com.au/wordpress/orchard-to-sell-gold-coasts-chevron-renaissance-shopping-centre.html GOLD Coast’s Chevron Renaissance Shopping Centre (pictured, right) has been listed for sale.

The complex is expected to sell for about $79 million which would reflect a yield of about 9 per cent.

The 13,076 square metre centre has parking for 300 cars. It’s anchored by a Coles supermarket and two mini majors and also has space for 50 specialty stores. It also includes 18 office suites.
]]> The complex is 85.3 per cent occupied. It is being offloaded by Orchard Funds Management.

Chevron Renaissance was developed by the Raptis Group in 2000. Jones Lang LaSalle and Colliers International are marketing the shopping centre.

 

]]>