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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
Title
Leasehold expiring 2027
Site area
3,756 sqm
Occupancy
100 %
WALE (by income)
7.4 years
Major tenant
GE Capital Finance Australasia
Car parking spaces
92
Valuation summary
Book value
$ 1.1 m
Valuation date
31-Dec-19
Cap rate
16.25 %
Discount rate
-