181 Great Eastern Highway, Belmont
Key Property Information
The property comprises a modern suburban office development, completed in 1988 and has a high profile location on the Great Eastern Highway, with views over the Swan River to the Perth CBD Skyline. The property provides 3 levels of office accommodation, and is fully leased to Telstra until 2011.
Key Information
| Location: | Belmont, WA |
| Acquisition Date: | December 2006 |
| Ownership/Title: | 100% Leasehold |
| Independent Valuation: | November 2006 |
| Valuation ($/m2): | $13.1 million ($3,221/m2) |
| Capitalisation Rate: | 7.30% |
| Discount Rate: | 9.00% |
| Lettable Area: | 4,036 |
| Car Parking Spaces: | 235 |
