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%/Freehold |
| Independent Valuation: |
June 2009 |
| Valuation ($/m2): |
$16.3 million ($4,039/m²) |
| Capitalisation Rate: |
10.00% |
| Discount Rate: |
9.50% |
| Lettable Area: |
4,036m² |
| Car Parking Spaces: |
235 |