Australian Technology Park
NICTA Building – 13 Garden Street
Biomed Building – 1 Central Avenue International Business Centre – 6 Cornwallis Street
|Portfolio Acquisition Price||$104m|
|NICTA Building – 13 Garden Street, Eveleigh||$62.4m|
|BIOMED Building – 1 Central Avenue, Eveleigh||$38.5m|
|International Business Centre – 6 Cornwallis Street, Eveleigh||$3.1m|
- Three buildings in Australia Technology Park acquired in April 2016 for a total sum of $104 million.
- 100% leased to a strong combination of high quality tenants, including a number of government agencies.
- The portfolio comprises an attractive commercial office investment set to benefit from the transformation of the Australian Technology Park into a world class office destination due to the introduction of a $1 billion Commonwealth Bank of Australia development that also features extensive public domain upgrades within the precinct.
Important information: Recent acquisitions detail information that was current at the time the property was acquired. Case studies are in summary form only and do not contain current valuation or performance information in relation to any of the properties noted.