60 Marcus Clarke Street, Canberra ACT

60 Marcus Clarke Street, Canberra

60 Marcus Clarke Street, Canberra is a 13 level, multi-tenanted commercial office property also known as the St George Bank Building. It features a ground floor foyer, including five retail tenancies and a combination of basement and deck car parking. Recent works have included an upgrade of the foyer and atrium, lift lobbies, painting, plus construction of a new end of trip facility and new signage.

Asset summary
Property typeOffice
NABERS energy rating4.0 stars
Ownership interest100% CMA
TitleLeasehold
Site area3,847 sqm
Building constructed1986
Latest refurbishment2016
Car park spaces133
Tenancy summary
Net lettable area12,099 sqm
Occupancy (by NLA)96.5%
WALE (by income)2.2 years
Major tenants (by gross income)
St George Bank13%
Aecom Australia11%
Hays Specialist Recruitment (Australia)9%
Valuation summary
Most recent independent valuation$61.5m
Valuation date30 November 2017
ValuerColliers
Capitalisation rate7.0%

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.