Building C, 1 Homebush Bay Drive, Rhodes

The property comprises a commercial office building, known as Building C, which was built in 2001. The building provides basement parking for 255 vehicles ground floor accommodation and five upper levels of office accommodation. The NLA is approximately 10,544 sqm. Major tenants include Frasers Property, National Australia Bank and DHL. The building holds a 3.5 star NABERS rating.

Summary1
Ownership interest 100%
Title Freehold
Book Value $82,595,000
Independent valuation metrics
Valuer CBRE
Valuation date 31 August 2017
Capitalisation rate 6.00%
Property statistics1
NLA (sqm) 10,544
Site area (sqm) 2,633
Occupancy (by area) 100%
WALE (years, by area) 4.5
Completion date July 2001
Age (years) 17
  1. As at 30 June 2018.