Virginia Park is situated predominately in a residential location in Bentleigh East approximately 13km east of Melbourne. Virginia Park is a sizeable business park providing a mixture of industrial and office buidlings as well as supporting facilities including gymnasium, swim centre, child care centre, children's play centre, cafe, yoga centre and martial arts centre.
Ownership interest | 50% |
Cap rate | 5.25% |
Valuation date | December 2020 |
Acquisition date | April 2006 |
Site area | 123,460m2 |
Net lettable area | 67,119m2 |
Occupancy | 90% |
NABERS rating (Energy) | N/A |
NABERS rating (Water) | N/A |
WALE by income | 3.25 |
Rent review stucture | CPI and Fixed |
Major tenants by income | Officeworks, Bentleigh Fitness Centre, Xstralis |
Parking spaces | 1,680 |
Valuation range | $80-100 million |
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