32 Walker Street

North Sydney, NSW

This modern A grade property is located in a prime position in the North Sydney office market.

The property is situated opposite North Sydney train station and adjacent to Greenwood Plaza. The property boasts panoramic harbour and city views from all levels while delivering excellent natural light. The acquisition provides a strong risk adjusted counter-cyclical opportunity.

This property has a 3.5 star NABERS rating. This property is held in joint venture with global investment firm Heitman LLC.

Ownership interest 25%
Cap rate 6.75%
Valuation date June 2016
Acquisition date June 2011
Site area 600m2
Net lettable area 6,520m2
Occupancy 100%
WALE by income 3.5 Years
Rent review stucture Fixed
Major tenants by income Toll Holdings, Kamrak, Dynamic Web Training and Kelly Partners
Parking spaces 31
Valuation range $0-20 million (equity ownership)