2 Kendell Street, Williams Landing, VIC
This multi-level, A-Grade suburban office building is currently under construction, with completion expected in the first quarter of 2019. The building comprises a net lettable area of 12,919 sqm and Target Australia, a wholly owned subsidiary of Wesfarmers (WES:ASX), will occupy 100% of the space on a 10 year lease once construction is complete. The building will feature an anticipated 4.0 star NABERS energy rating, 384 car spaces, a ground floor cafe and modern end of trip facilities.
|NABERS energy rating||4 stars|
|Site area||4,401 sqm|
|Building constructed||Under construction|
|Car park spaces||384|
|Net lettable area||12,919 sqm|
|Occupancy (by NLA)||100.0%|
|WALE (by income)||10.0 years|
|Major tenants (by gross income)|
|Most recent independent valuation||$58.2m|
|Valuation date||30 June 2017|
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.