203 Pacific Highway, St Leonards, NSW

203_Pacific_Hwy_StLeonards_260221web

This modern, 11 level commercial office building was constructed in 2000, and forms part of The Forum complex. The property incorporates the central plaza area of the development, and features seven retail tenancies on the ground floor, together with secure basement parking for 150 vehicles.

Asset summary
Property type Office
NABERS energy rating 3 stars
Ownership interest 50%
Title Leasehold
Site area 4,690 sqm
Building constructed 2000
Latest refurbishment Periodic
Car park spaces 150
Tenancy summary
Net lettable area 11,734 sqm
Occupancy (by NLA) 100.0%
WALE (by income) 3.4 years
Major tenants (by gross income)
Primary Health Care Ltd 31%
Cardno 30%
Verizon Australia Pty Ltd 27%
Valuation summary
Most recent independent valuation $45.5m
Valuation date 30 June 2017
Valuer CBRE
Capitalisation rate 7.00%

This information is accurate as at 30 June 2017. It provides a summary of key information in relation to the named property within the Centuria Metropolitan REIT portfolio. Information is in summary form only and investors should refer to the Fund’s published financial statements and other disclosures for further information and detail on the portfolio.