54 Marcus Clarke Street, Canberra ACT

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54 Marcus Clarke Street, Canberra is located in the western core of Canberra’s central business district, and features nine levels of office accommodation, ground floor retail space, a two-storey podium to Rudd Street and one level of basement car parking. The building has recently undergone a major refurbishment, which included the ground floor foyer, various lift lobbies, signage and external paving.

Asset summary
Property type Office
NABERS energy rating 3.5 stars
Ownership interest 100% CMA
Title Leasehold
Site area 1,667 sqm
Building constructed 1986
Latest refurbishment 2016
Car park spaces 53
Tenancy summary
Net lettable area 5,171 sqm
Occupancy (by NLA) 94.7%
WALE (by income) 3.8 years
Major tenants (by gross income)
Key Chambers 12%
Clarity Financial Group 11%
JWLand Developments 10%
Valuation summary
Most recent independent valuation $20.9m
Valuation date 30 June 2018
Valuer Knight Frank
Capitalisation rate 7.50%

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.