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Location
The building is situated in Sydney Olympic Park approximately 13 kilometres from the Sydney CBD. The precinct boasts world-class sporting and recreational facilities and has access to rail and road services. The property is situated within leafy landscaped surroundings with local parks, cafes and other amenities all within walking distance.
Description
The property was built in 2002 and consists of four levels of modern office accommodation plus undercover car parking. During 2019, a portion of the building fit out was updated to create flexible workspaces for small to medium size enterprises. It has a 4.5 star NABERS Energy rating and 5.0 star NABERS Water rating.
Amenities
Nearby transport
Sustainability ratings
4.5
NABERS Energy rating
5.0
NABERS Water rating
Asset summary
as at 30 June 2020
Title
Leasehold
Site area
7,788 sqm
Lettable area
5,007 sqm
Occupancy
90 %
WALE (by income)
1.6 years
Major tenant
Universities Admissions Centre
Valuation summary
Book value
$ 34.5 m
Valuation date
30-Jun-20
Cap rate
6.06 %
Discount rate
6.75 %
Location
The building is situated in Sydney Olympic Park approximately 13 kilometres from the Sydney CBD. The precinct boasts world-class sporting and recreational facilities and has access to rail and road services. The property is situated within leafy landscaped surroundings with local parks, cafes and other amenities all within walking distance.
Description
The property was built in 2002 and consists of four levels of modern office accommodation plus undercover car parking. During 2019, a portion of the building fit out was updated to create flexible workspaces for small to medium size enterprises. It has a 4.5 star NABERS Energy rating and 5.0 star NABERS Water rating.