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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
Leasehold car park in the Botanicca Corporate Park.
Asset summary
as at 30 June 2020
Title
Leasehold
Site area
3,756 sqm
Lettable area
-
Occupancy
100 %
WALE (by income)
6.9 years
Major tenant
GE Capital Finance Australasia
Car parking spaces
92
Valuation summary
Book value
$ 1.2 m
Valuation date
30-Jun-20
Cap rate
-
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
Leasehold car park in the Botanicca Corporate Park.