465 Victoria Ave, Chatswood, NSW

465 Victoria Ave Chatswood

465 Victoria Avenue, Chatswood is a modern office building constructed in 1995 and considerably refurbished between 2010 and 2012 and has a 4.5 star NABERS rating. The property is across from the redeveloped Chatswood Transport Interchange and a short distance to major retail centres. Train and bus links will be further improved by the arrival of the Metro in 2024.

The Centuria Metropolitan REIT holds a 25% interest in the Property, co-investing with the Lederer Group, one of Centuria’s family office clients.

Asset summary
Property typeOffice
NABERS energy rating4.5 stars
Ownership interest25% CMA
TitleFreehold
Site area3,198 sqm
Building constructed2012
Car park spaces220
Tenancy summary
Net lettable area15,639 sqm
Occupancy (by NLA)100%
WALE (by income)4.9 years
Major tenants (by gross income)
The Hollard Insurance Company46%
Carnival PLC19%
Enacon Parking9%
Valuation summary
Most recent independent valuation$40.8m
Valuation date1 November 2018
ValuerCushman & Wakefield
Capitalisation rate5.75%

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.