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 typeOffice
NABERS energy rating4.0 stars
Ownership interest100% CMA
TitleLeasehold
Site area1,253 sqm
Building constructed2009
Car park spaces10
Tenancy summary
Net lettable area4,052 sqm
Occupancy (by NLA)100%
WALE (by income)0.9 years
Major tenants (by gross income)
Minister for Infrastructure100%
Valuation summary
Most recent independent valuation$19.3m
Valuation date30 November 2017
ValuerSavills
Capitalisation rate8.00%

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.