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40 Cameron Avenue, Belconnen

Key Property Information

40 Cameron Ave The Chandler Building occupies a prominent corner site in the south-eastern precinct of the Belconnen Town Centre. Constructed in 1993, 40 Cameron Avenue is an A grade office building comprising four upper levels of office accommodation and offers basement car parking for 50 cars and surface parking for 166 cars.

The building has a typical floor plate in excess of 3,500m² and is wholly occupied by the ATO.
Key Information
Location:Belconnen, ACT
Acquisition Date:February 2007
Ownership/Title:50%/Leasehold (Expiring 2096)
Independent Valuation:June 2008
Valuation ($/m2):$31.7 million ($4,089/m²)
Capitalisation Rate:7.75%
Discount Rate:9.00%
Net Lettable Area:15,506m²
Car Parking Spaces:216
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