Investment
Status
Full
Purchase
Price
$39.7M
Date of
Purchase
Feb '16
About Sentinel DFO Cairns Trust
DFO Cairns is the only outlet centre north of Brisbane. Located within the Cairns suburb of Westcourt, the centre is 2.6km south west of the Cairns CBD and approximately 4km south east of the Cairns Airport.
Anchored by Coles supermarket, the centre comprises national and international tenants including Polo Ralph Lauren, Oroton, Quiksilver, Oakley, Lorna Jane, Cotton On, Bonds, Converse, TK Maxx and much more. Major tenants are supported by an additional 57 specialty stores and 5 ATM’s.
In 2008, approximately $30 million was spent transforming the property from a sub-regional centre to a destination outlet centre. A further $6.4 million was spent in 2013 on tenancy reconfigurations to accommodate Trade Secret, Laserfun, Rivers and Cotton On. The centre has a total lettable area of approximately 25,017sq m and is situated on an 8.15ha site.
Gallery
Location
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