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Location

The property is situated approximately 20 kilometres from the Melbourne CBD within the Monash technology precinct and is conveniently accessed via Springvale Road, the M1 Freeway and metro train and bus services. The site features on site cafes and a multi-level car park.

Description

This six-level, A-Grade office building was constructed in 2015 and features abundant natural light and premium end-of-trip facilities. The building has excellent green credentials with a 5.0 star Green Star - Office Design v3 rating, 5.0 star NABERS Energy rating and 5.5 star NABERS Water rating.

Amenities
End of trip
Parking
Nearby transport
Sustainability ratings
5.0
NABERS Energy rating
5.5
NABERS Water rating
5.0
Green Star - Office Design v3 rating
Asset summary
as at 30 June 2020
Title
Freehold
Site area
11,040 sqm
Lettable area
12,780 sqm
Occupancy
100 %
WALE (by income)
1.2 years
Major tenant
Monash University
Valuation summary
Book value
$ 72.0 m
Valuation date
30-Jun-20
Cap rate
6.13 %
Discount rate
6.75 %
Location

The property is situated approximately 20 kilometres from the Melbourne CBD within the Monash technology precinct and is conveniently accessed via Springvale Road, the M1 Freeway and metro train and bus services. The site features on site cafes and a multi-level car park.

Description

This six-level, A-Grade office building was constructed in 2015 and features abundant natural light and premium end-of-trip facilities. The building has excellent green credentials with a 5.0 star Green Star - Office Design v3 rating, 5.0 star NABERS Energy rating and 5.5 star NABERS Water rating.