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Clemenger Building, 118 – 120 Pacific Highway, St Leonards

Key Property Information

118-120 Pacific Highway The building has a high profile location on the Pacific Highway, a short walk from St Leonards railway station.

This Property Council of Australia award-winning building comprises seven levels with expansive views of Sydney Harbour and the CBD. There are terraces on three levels and two levels of basement car parking, with a generous ratio of one space per 34m².
Key Information
Location:St Leonards, NSW
Acquisition Date:October 2000
Ownership/Title:100%/Freehold
Independent Valuation:June 2008
Valuation ($/m2):$28.4 million ($5,535/m²)
Capitalisation Rate:7.25%
Discount Rate:8.75%
Net Lettable Area:5,131m²
Car Parking Spaces:151
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