The property is located circa 4kms south west of Melbourne CBD. The site contains a three level building constructed in 2000, comprising modern office accommodation, two levels of undercroft parking and end of trip facilities for occupants.
Ownership interest | 100% |
Cap rate | 6.00% |
Valuation date | December 2019 |
Acquisition date | November 2017 |
Site area | 11,710m2 |
Net lettable area | 9,243m2 |
Occupancy | 100% |
NABERS rating (Energy) | 3.0 |
NABERS rating (Water) | 3.0 |
WALE by income | 1.79 |
Rent review stucture | Fixed |
Major tenants by income |
Emirates, George Weston Foods, K Line Workwear Group |
Parking spaces | 354 |
Valuation range | $40-60 million |
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