Building A, 1 Homebush Bay Drive, Rhodes

The property comprises a commercial office building, known as Building A, which was built in 2007. The building provides basement parking for 338 vehicles, ground floor accommodation and six upper levels of office accommodation. The NLA is approximately 14,641 sqm. The major tenant is Link Market Services. The building currently holds a 5.5 star NABERS rating.

Summary1
Ownership interest 100%
Title Freehold
Book Value $110,008,000
Independent valuation metrics
Valuer CBRE
Valuation date 31 August 2017
Capitalisation rate 6.25%
Property statistics1
Gross Lettable Area (sqm) 14,641
Site area (sqm) 3,627
Occupancy (by area) 100%
WALE (years, by area) 3.2
Completion date September 2007
Age (years) 11
  1. As at 30 June 2018.