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Location

The property is situated in the Gore Hill Business Park, on the leafy lower north shore adjacent to St Leonards and approximately six kilometres from the Sydney CBD. The Gore Hill Business Park provides access to a range of amenities including cafes, restaurants, post office and banking services with local parks in close proximity.

Description

A modern A-Grade office building featuring seven levels of office and television studio space, on-site cafe, end-of-trip facilities and two levels of basement car park. Built in 2012 with broadcasting in mind, the site incorporates specialised acoustic, electrical and mechanical infrastructure. During FY24 a rooftop solar PV array was installed.

Amenities
End of trip
Parking
Nearby transport
Sustainability ratings
5.5
NABERS Energy rating
6.0
NABERS Water rating
Asset summary
as at 30 June 2024
Title
Freehold
Site area
4,212 sqm
Lettable area
14,457 sqm
Occupancy
84 %
WALE (by income)
6.0 years
Major tenant
Fox Sports
Valuation summary
Book value
$ 121.0 m
Valuation date
30-Jun-24
Cap rate
6.50 %
Discount rate
7.50 %
Location

The property is situated in the Gore Hill Business Park, on the leafy lower north shore adjacent to St Leonards and approximately six kilometres from the Sydney CBD. The Gore Hill Business Park provides access to a range of amenities including cafes, restaurants, post office and banking services with local parks in close proximity.

Description

A modern A-Grade office building featuring seven levels of office and television studio space, on-site cafe, end-of-trip facilities and two levels of basement car park. Built in 2012 with broadcasting in mind, the site incorporates specialised acoustic, electrical and mechanical infrastructure. During FY24 a rooftop solar PV array was installed.