154 Melbourne Street, South Brisbane, QLD
This 11 story A-Grade office building was completed in 2009. The building incorporates two basement levels of car parking for 102 vehicles, ground level foyer and retail accommodation as well as 10 upper levels of office accommodation.
|NABERS energy rating||5.5 stars|
|Car park spaces||102|
|Net lettable area (by NLA)||11,300|
|Occupancy (by NLA)||98.4%|
|WALE (by income)||1.8 years|
|Major tenants (by gross income)|
|Department Housing & Public Works (QCAA)||35%|
|Department Housing & Public Works (DOJ)||30%|
|SMEC Australia Pty Ltd||20%|
|Most recent independent valuation||$77.5m|
|Valuation date||31 December 2016|
|Capitalisation rate (current)||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.