77 Market Street, Wollongong, NSW

77_Market_St_Wollongong_Exterior

This A-Grade, modern office building was constructed in 2008 and has a 4 star NABERS rating. Located in Wollongong’s CBD and adjacent to the recently redeveloped Wollongong Central shopping centre, it comprises five levels spanning 6,755sqm of net lettable area and 131 car spaces.

Asset summary
Property typeOffice
NABERS energy rating4.0 stars
Ownership interest100% CMA
TitleFreehold
Site area2,544 sqm
Building constructed2008
Car park spaces131
Tenancy summary
Net lettable area6,755 sqm
Occupancy (by NLA)100.0%
WALE (by income)6.1 years
Major tenants (by gross income)
Australia Health Management Group34%
Illawarra Retirement Trust30%
Illawarra Newspaper Holdings15%
Valuation summary
Most recent independent valuation$36m
Valuation date31 December 2017
ValuerCBRE
Capitalisation rate7.25%

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.