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Location
The property is located in Parramatta, the Western Sydney CBD. It has superior access to train, bus and water ferry services. Westfield Parramatta shopping centre and other amenities are nearby.
Description
Constructed in 2003, this A-Grade office building comprises two towers of nine and 13 levels, plus four basement levels of car parking. In late 2019, a new 25-year lease was signed with the tenant, NSW Police Force.
Amenities
Parking
Nearby transport
Sustainability ratings
5.0
NABERS Energy rating
Asset summary
as at 30 June 2020
Title
Freehold
Site area
6,460 sqm
Lettable area
32,356 sqm
Occupancy
100 %
WALE (by income)
24.5 years
Major tenant
NSW Police Force
Valuation summary
Book value
$ 440.0 m
Valuation date
30-Jun-20
Cap rate
4.38 %
Discount rate
6.00 %
Location
The property is located in Parramatta, the Western Sydney CBD. It has superior access to train, bus and water ferry services. Westfield Parramatta shopping centre and other amenities are nearby.
Description
Constructed in 2003, this A-Grade office building comprises two towers of nine and 13 levels, plus four basement levels of car parking. In late 2019, a new 25-year lease was signed with the tenant, NSW Police Force.