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Location
Adelaide's best suburban office building is situated in a city fringe location just two kilometres from the CBD. The property is easily accessed by road, rail and bus services. The location also affords easy access to Adelaide Airport and is within easy walking distance of Edwards Park.
Description
Built in 2010, this A-Grade office building comprises ground-floor foyer and retail, rooftop plant room and five levels of premium office accommodation. Abundant parking is provided on site. The full height central atrium provides abundant natural light and the office park location affords expansive views of the surrounding area.
Amenities
End of trip
Parking
Nearby transport
Sustainability ratings
5.5
NABERS Energy rating
5.0
NABERS Water rating
Asset summary
as at 31 December 2023
Title
Freehold
Site area
4,169 sqm
Lettable area
11,607 sqm
Occupancy
97 %
WALE (by income)
6.6 years
Major tenant
SA Government
Valuation summary
Book value
$ 67.5 m
Cap rate
6.25 %
Discount rate
7.25 %
Location
Adelaide's best suburban office building is situated in a city fringe location just two kilometres from the CBD. The property is easily accessed by road, rail and bus services. The location also affords easy access to Adelaide Airport and is within easy walking distance of Edwards Park.
Description
Built in 2010, this A-Grade office building comprises ground-floor foyer and retail, rooftop plant room and five levels of premium office accommodation. Abundant parking is provided on site. The full height central atrium provides abundant natural light and the office park location affords expansive views of the surrounding area.