203 Pacific Highway, St Leonards, NSW

203_Pacific_Hwy_StLeonards_260221web

203 Pacific Highway, St Leonards is a modern, 11 level commercial office building constructed in 2000, and forms part of The Forum complex. The property incorporates the central plaza area of the development, and features seven retail tenancies on the ground floor, together with secure basement parking.

Asset summary
Property type Office
NABERS energy rating 4.5 stars
Ownership interest 50% CMA; 50% Centuria 203 Pacific Highway Fund
Title Leasehold
Site area 4,690 sqm
Building constructed 2000
Car park spaces 150
Tenancy summary
Net lettable area 11,734 sqm
Occupancy (by NLA) 100.0%
WALE (by income) 5.4 years
Major tenants (by gross income)
Primary Health Care Ltd 31%
Cardno 30%
Verizon Australia Pty Ltd 27%
Valuation summary
Most recent independent valuation $57.0m
Valuation date 30 June 2018
Valuer Cushman & Wakefield
Capitalisation rate 6.50%

This information is accurate as at 30 June 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.