Skip to main content
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

Completed in 1998, this two-level A-Grade office includes a sunny courtyard and basement car parking. During 2017, the building underwent an extensive fit-out to upgrade the facilities for new long-term tenant, Country Road Group.

Amenities
Parking
Nearby transport
Sustainability ratings
3.0
NABERS Energy rating
4.5
NABERS Water rating
Asset summary
as at 31 December 2019
Title
Freehold
Site area
8,365 sqm
Lettable area
8,554 sqm
Occupancy
100 %
WALE (by income)
12.5 years
Major tenant
Country Road Group
NABERS Energy rating
3.0 stars
Valuation summary
Book value
$ 68.4 m
Valuation date
31-Dec-19
Cap rate
5.00 %
Discount rate
6.50 %
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

Completed in 1998, this two-level A-Grade office includes a sunny courtyard and basement car parking. During 2017, the building underwent an extensive fit-out to upgrade the facilities for new long-term tenant, Country Road Group.