131-139 Grenfell Street, Adelaide SA

131-139 Grenfell Street, Adelaide is a modern office building completed in 2009. It comprises five levels of high quality office space together with secure car parks. The building is contained within a strata titled mixed‑use development known as “Conservatory on Hindmarsh”.

Asset summary
Property type Office
NABERS energy rating 4.0 stars
Ownership interest 100% CMA
Title Leasehold
Site area 1,253 sqm
Building constructed 2009
Car park spaces 10
Tenancy summary
Net lettable area 4,052 sqm
Occupancy (by NLA) 100%
WALE (by income) 0.9 years
Major tenants (by gross income)
Minister for Infrastructure 100%
Valuation summary
Most recent independent valuation $19.3m
Valuation date 30 November 2017
Valuer Savills
Capitalisation rate 8.00%

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.