72 Christie Street, St Leonards
Key Property Information
Completed in 1990, 72 Christie Street is a modern A grade office building. The building has eight office floors with large terraced areas on levels four to six. The lower floors of the building provide large efficient plates averaging 1,700m².
The property is located 100 metres south of Pacific Highway and is close to St Leonards railway station.
A comprehensive refurbishment of the building was completed in August 2005. The lease over the whole premises has recently been assigned to STW Communication Group Limited.
Key Information
| Location: | St Leonards, NSW |
| Acquisition Date: | June 2003 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | December 2006 |
| Valuation ($/m2): | $69.0 million ($6,149/m²) |
| Capitalisation Rate: | 6.60% |
| Discount Rate: | 8.25% |
| Net Lettable Area: | 11,221m² |
| Site Area: | 228 |
