203 Pacific Highway, St Leonards, NSW – REIT

203_Pacific_Hwy_StLeonards_260221web

 

203 Pacific Highway is an A-Grade office building constructed in 2000. The Property is part of the Forum, a mixed use complex located above St Leonards railway station.

Property Information
Property type  Office
 Ownership interest  50%
 Title  Leasehold (2088)
 Purchase price  $43.0m
 Site area  2,738 sqm
 Net lettable area (NLA)  11,737 sqm
 Occupancy (by NLA)  100%
 WALE (by NLA)  4.4 years
 Building constructed  2000
 Latest refurbishment  NA
 Car park spaces  150
Independent Valuation
Valuer CBRE
Valuation date 15 May 2016
Valuation $45.5m
External Capitalisation rate 7.5%

*Information accurate as at 11.01.2017 and 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.