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.
|Valuation date||June 2016|
|Acquisition date||June 2011|
|Net lettable area||6,520m2|
|WALE by income||3.5 Years|
|Rent review stucture||Fixed|
|Major tenants by income||Toll Holdings, Kamrak, Dynamic Web Training and Kelly Partners|
|Valuation range||$0-20 million (equity ownership)|