201 Pacific Highway, St Leonards, NSW
201 Pacific Highway, St Leonards is a modern, 10-floor A-Grade office building was constructed in 2000 and has a 3.5 star NABERS rating. Part of The Forum Complex, and adjacent to CMA’s property at 203 Pacific Highway, it is conveniently located above the St Leonards railway station and includes significant retail amenity. The building features office space and 20 retail tenancies.
The Centuria Metropolitan REIT holds a 50% interest in the Property, co-investing with the Lederer Group, one of Centuria’s family office clients.
|NABERS energy rating||3.5 stars|
|Ownership interest||50% CMA|
|Site area||4,718 sqm|
|Car park spaces||145|
|Net lettable area||16,488 sqm|
|Occupancy (by NLA)||100%|
|WALE (by income)||4.2 years|
|Major tenants (by gross income)|
|Cisco Systems Australia||41%|
|IMS Health Australia (Quintiles)||16%|
|Health Communication Network||7%|
|Most recent independent valuation||$190m (50% share is $95.0)|
|Valuation date||31 December 2018|
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 CMA’s published financial statements and other disclosures for further information and detail on the portfolio.