Office Portfolio

1 Charles Street, Parramatta, NSW

A 5 star NABERS Energy rated, A-grade office building constructed in 2003, which is fully leased to NSW Police.

   
Interest Freehold
Book Value as at 30/06/2018: $310.0 million
Valuer: Directors
Cap Rate: 5.75%
Discount Rate: 7.00%
Major tenant: NSW Police Department
Weighted Average Lease Expiry: 5.9 years
Lettable area: 32,356 sqm
Site area: 6,460 sqm

100 Skyring Terrace, Newstead, QLD

Modern A-grade office with high sustainability credentials, including 5.5 Star NABERS Energy Rating, located in Brisbane's prestigious Urban Renewal precinct. Built in 2014 with architecutre by ML Designs and high-quality fit out by Bates Smart.

   
Interest Freehold
Book Value as at 07/12/2018: $250.0 million
Valuer: Knight Frank
Cap Rate: 5.75%
Discount Rate: 6.50%
Major tenant: Bank of Queensland
Weighted Average Lease Expiry: 7.5 years
Lettable area: 24,665 sqm
Site area: 5,157 sqm

75 Dorcas Street, South Melbourne, VIC

A 4 star NABERS Energy rated, 11 level A-grade office, showroom and car park building with 690 car parks. The building was constructed in 2002 and partly refurbished in 2015.

   
Interest Freehold
Book Value as at 30/06/2018: $190.0 million
Valuer: Urbis
Cap Rate: 5.75%
Discount Rate: 7.00%
Major tenant: ANZ Banking Group
Weighted Average Lease Expiry: 3.4 years
Lettable area: 23,811 sqm
Site area: 9,632 sqm

15 Green Square Close, Fortitude Valley, QLD

Located within the growing Fortitude Valley precinct, two kilometres from the Brisbane CBD. This A-Grade office building is 5 star Green Star rated (by design) and 5.5 star NABERS Energy rated, featuring large 1,500 sqm floor plates.

   
Interest Freehold
Book Value as at 30/06/2018: $144.0 million
Valuer: Urbis
Cap Rate: 6.00%
Discount Rate: 7.00%
Major tenant: Queensland Urban Utilities
Weighted Average Lease Expiry: 3.7 years
Lettable area: 16,442 sqm
Site area: 2,519 sqm

333 Ann Street, Brisbane, QLD

This is a 24-level A-grade office building in the Brisbane CBD, the property includes 92 car spaces. The building is 4 star Green Star rated (by design) and 2 star NABERS Energy rated.

   
Interest Freehold
Book Value as at 30/06/2018: $130.0 million
Valuer: CBRE
Cap Rate: 6.00%
Discount Rate: 7.25%
Major tenant: Federation University
Weighted Average Lease Expiry: 4.6 years
Lettable area: 16,320 sqm
Site area: 1,563 sqm

Building C, Gore Hill Technology Park, 219-247 Pacific Hwy, Artarmon, NSW

A modern 5 star Green Star rated (by design) and 4.5 star NABERS Energy rated A-grade office building, comprising two ground and five upper office levels.

   
Interest Freehold
Book Value as at 30/06/2018: $123.5 million
Valuer: Directors
Cap Rate: 6.00%
Discount Rate: 7.00%
Major tenant: Fox Sports
Weighted Average Lease Expiry: 4.8 years
Lettable area: 14,375 sqm
Site area: 4,212 sqm
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