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Location

The property is situated approximately five kilometres east of the Melbourne CBD within the Botanicca Corporate Park. Located next to the Yarra River Park precinct, the building has access to sporting facilities and is serviced by both metro rail and tram services as well as the M1 Freeway.

Description

This property was developed by Growthpoint and completed in early 2020. It provides state-of-the-art A-Grade office accommodation in two interconnected towers over five and six levels. It features abundant natural light, hotel-style end-of-trip facilities and a high ratio of off-street parking. The property has a 5.0 star Green Star - Design & As Built rating.

Sustainability ratings
5.0
Green Star - Design & As Built rating
Asset summary
as at 30 June 2021
Title
Freehold
Site area
8,525 sqm
Lettable area
19,426 sqm
Occupancy
78 %
WALE (by income)
7.6 years
Major tenant
Bunnings Warehouse
Valuation summary
Book value
$ 183.5 m
Valuation date
30-Jun-21
Cap rate
5.00 %
Discount rate
6.25 %

Find out more about this property, download the Information Memorandum or contact us for more information

Location

The property is situated approximately five kilometres east of the Melbourne CBD within the Botanicca Corporate Park. Located next to the Yarra River Park precinct, the building has access to sporting facilities and is serviced by both metro rail and tram services as well as the M1 Freeway.

Description

This property was developed by Growthpoint and completed in early 2020. It provides state-of-the-art A-Grade office accommodation in two interconnected towers over five and six levels. It features abundant natural light, hotel-style end-of-trip facilities and a high ratio of off-street parking. The property has a 5.0 star Green Star - Design & As Built rating.