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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

The building was constructed in 2006 and consists of three levels of basement car parking and four levels of A-Grade office space with a central atrium. During 2017, the building underwent an extensive fit-out to upgrade the facilities for new long-term tenant, Country Road Group.

Amenities
End of trip
Parking
Nearby transport
Sustainability ratings
4.0
NABERS Energy
4.5
NABERS Water
Asset summary
as at 31 December 2020
Title
Freehold
Site area
7,130 sqm
Lettable area
14,602 sqm
Occupancy
100 %
WALE (by income)
11.5 years
Major tenant
Country Road Group
Valuation summary
Book value
$ 118.0 m
Valuation date
31-Dec-20
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

The building was constructed in 2006 and consists of three levels of basement car parking and four levels of A-Grade office space with a central atrium. During 2017, the building underwent an extensive fit-out to upgrade the facilities for new long-term tenant, Country Road Group.