203 Pacific Highway, St Leonards, NSW

203_Pacific_Hwy_StLeonards_260221web

203 Pacific Highway, St Leonards is a modern, 11 level commercial office building 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.

Asset summary
Property typeOffice
NABERS energy rating4.5 stars
Ownership interest50% Centuria Metropolitan REIT; 50% Centuria 203 Pacific Highway Fund
TitleLeasehold
Site area4,690 sqm
Building constructed2000
Car park spaces150
Tenancy summary
Net lettable area11,734 sqm
Occupancy (by NLA)100.0%
WALE (by income)5.1 years
Major tenants (by gross income)
Cardno (NSW/ACT)32%
Idameneo (No.789)29%
Verizon Australia Pty Ltd28%
Valuation summary
Most recent independent valuation$62.3m
Valuation date31 December 2018
ValuerM3
Capitalisation rate6.25%

This information is accurate as at 31 December 2018. 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.