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Location

The property is located approximately four kilometres from the Adelaide CBD. It is well situated and has direct access to road, rail and bus services. Local parks, gymnasium, cafes and restaurants are all within close proximity.

Description

This modern A-Grade office building was built in 2010, it comprises ground-floor foyer and retail, rooftop plant room and four levels of premium office accommodation. The office accommodation features abundant natural light due to the floor to ceiling central atrium. The property has a 5.5 star NABERS Energy rating and a 4.0 star NABERS Water rating.

Amenities
End of trip
Nearby transport
Cafe
Sustainability ratings
5.5
NABERS Energy rating
4.0
NABERS Water rating
Asset summary
as at 31 December 2019
Title
Freehold
Site area
4,169 sqm
Lettable area
11,835 sqm
Occupancy
100 %
WALE (by income)
3.7 years
Major tenant
Coffey Corporate
NABERS Energy rating
5.5 stars
Valuation summary
Book value
$ 62.5 m
Valuation date
31-Dec-19
Cap rate
7.25 %
Discount rate
7.75 %