54 Marcus Clarke Street, Canberra ACT
54 Marcus Clarke Street is a multi-tenanted building located in the Western Core of Canberra’s CBD. It offers nine levels of office accommodation, ground floor retail, a two-storey podium to Rudd Street and one level of basement parking. Recent major capital expenditure works have included lift and chiller upgrades together with refurbishments to some common area amenities.
|Net operating income||$1.4m|
|Site area||1,667 sqm|
|Net lettable area (NLA)||5,155 sqm|
|Occupancy (by NLA)||85.8%|
|WALE (by NLA)||2.6 years|
|Car park spaces||48|
*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.
|Valuation date||15 May 2016|
|External Capitalisation rate||9.25%|