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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.

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. The property has a 5.5 star NABERS Energy rating and a 4.5 star NABERS Water rating.

Amenities
End of trip
Parking
Nearby transport
Cafe
Sustainability ratings
5.5
NABERS Energy
4.5
NABERS Water
Asset summary
as at 31 December 2020
Title
Freehold
Site area
4,169 sqm
Lettable area
11,730 sqm
Occupancy
93 %
WALE (by income)
5.7 years
Major tenant
Coffey Corporate
Valuation summary
Book value
$ 66.5 m
Valuation date
31-Dec-20
Cap rate
6.75 %
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.

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. The property has a 5.5 star NABERS Energy rating and a 4.5 star NABERS Water rating.