Centuria 80 Grenfell Street Fund

The Centuria 80 Grenfell Street Fund is a single-asset, closed-ended unlisted property fund investing in a 50% freehold interest in the property located at 80 Grenfell Street, Adelaide SA. This state of the art building is home to Australia’s fifth largest full service retail bank – the Bendigo and Adelaide Bank.

80 Grenfell Street was designed by Hassell Architects and comprises of an A-grade commercial office tower constructed in 2013. The property forms part of the Rundle Place development, which is a multi-level, mixed use complex featuring both retail and office space with car parking extending from Grenfell Street through to Rundle Mall.

Rising 15 levels above ground and cutting a distinctive outline on the Adelaide skyline, the property consists of a ground level entrance foyer and 11 upper levels of office accommodation (commencing at level 4). Levels 1 to 3 only comprise the lift shaft and fire stairs with the balance of these floors containing Rundle Place and the car park, which are situated on a different title.

80 Grenfell St
Fund & asset summary
APIR codeCNT0953AU
ARSN626 187 022
Fund commencement dateJuly 2018
Property address80 Grenfell Street, Adelaide, SA
Ownership interest50% Centuria 80 Grenfell Street Fund
TitleFreehold*
Site area537 sqm
Building constructed2013
NABERS energy rating5.5 stars

*The Fund has a 99 year leasehold interest over its 98 car spaces and bike storage area. The office component of 80 Grenfell Street is freehold.

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