FULLY LEASED CBD OFFICE INVESTMENT OPPORTUNITY
PRIMED TO BENEFIT FROM STRONG SHORT TO MEDIUM TERM RENT REVERSION
FOR SALE BY INTERNATIONAL EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 6TH JUNE 2018 AT 2.00PM (AEST) NATIONAL NET ABSORPTION 2017
PERTH ADELAIDE 5% 1%
CANBERRA A prominent commercial building comprising 13% 12,080*sqm of Net Lettable Area across 12 upper levels of office accommodation BRISBANE MELBOURNE 13% 48%
Picturesque views SYDNEY Features a recently refurbished ground floor foyer 20% and four ground floor tenancies
AVERAGE NET FACE RENTS – B-GRADE OFFICE BUILDINGS
Fully leased to a range of national and international tenants such as Civica BPO, MELBOURNE Clicksoftware and Shine Lawyers BRISBANE
PERTH Ground floor café Upgraded lift lobby SYDNEY Boasting an unrivalled track record in tenant retention with the majority of building occupants $0 $200 $400 $600 $800 being 2nd and 3rd generation tenants
Offering significantshort to medium term reversion with current passing income trailing the competitive set by over 25%
Situated in the heart of Melbourne’s Legal Nearby Flagstaff Gardens Precinct and adjacent to Flagstaff Train Station NATIONAL VACANCY RATE (%)
MELBOURNE Access to Australia’s most attractive commercial SYDNEY office market with historically low vacancy rates, imminent rental growth and strong white-collar HOBART employment growth CANBERRA ADELAIDE BRISBANE PERTH 4.5 Stars NABERS Energy Rating Open plan office space 0% 5% 10% 15% 20% QUEEN VICTORIA MARKET
RMIT UNIVERSITY
QUEEN ST
SPENCER ST
LA TROBE ST MELBOURNE CENTRAL
FLAGSTAFF GARDENS HAILEYBURY CITY CAMPUS
SWANSTON ST
MELBOURNE MINT LONSDALE ST FLAGSTAFF STATION
COMMONWEALTH
LAW COURTS ELIZABETH ST EMPORIUM FEDERAL COURT REGISTRY WILLIAM ANGLISS INSTIUTE COUNTY COURT OF VICTORIA LEGAL PRECINCT MAGISTRATES COURT OF VICTORIA BOURKE STREET MALL
SPENCER CENTRE SUPREME COURT OF VICTORIA
THE RITZ-CARLTON
BOURKE ST
WILLIAM ST BOURKE PLACE SOUTHERN CROSS STATION
COLLINS ST
WURUNDJERI WAY
INTERCONTINENTAL HOTEL
KING ST RIALTO TOWERS FLINDERS ST FLINDERS STREET
R I V E A R R R Y A
FOR SALE BY INTERNATIONAL EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 6TH JUNE 2018 AT 2.00PM (AEST)
KIRAN PILLAI JOSH RUTMAN NEVA COURTS LEWIS TONG +61 438 381 172 +61 499 881 202 +61 419 253 331 +61 421 870 833 [email protected] [email protected] [email protected] [email protected]
LANGTON MCHARG PAUL KEMPTON LEIGH MELBOURNE +61 402 138 451 +61 435 960 072 +61 413 253 339 [email protected] [email protected] [email protected]
*Approximately. The information in this document is general in nature and is a guide only. It does not take into account your individual circumstances. Before acting you should check the accuracy of the information and seek your own independent financial and legal advice. The information must not be relied upon to make any investment decisions. The principal and its agent will not be liable for your failure to verify the information or seek appropriate advice.