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Durack Centre

Durack Centre is well located close to Perth CBD and recreational parks. It comprises a 13 storey building with 140 car parks. The complex includes a second building at 2 Victoria Avenue, now known as Optus Centre. This building holds a 5-Star Green Star As Built rating and has recently completed state of the art end of trip facilities. Both buildings enjoy large floor plates and extensive views across the Swan River.

Location: Perth, WA
Acquisition date:Oct 2006
Ownership/Title:100%/Leasehold
Cost including additions:$114 million
Last Independent Valuation
Date:Jun 2018
Valuation:$107.6 million
Valuation $/m2:$4,272/m²
Capitalisation rate:8.00%
Discount rate:7.50%
Car parking spaces:140
New lettable area (m2):25,187 m²
Weighted average lease expiry:5.3 years
NABERS energy rating:4.5/0.0*
NABERS water rating:4.5/0.0*
Green Star rating:5 Star As Built (2 Victoria Avenue)
Major TenantsNLA m2
Jacobs Group7,034
Australian Bureau of Statistics3,044
Minister for Works Main Roads2,005
Optus Administration1,908
Linkforce Hire1,757
Footnotes
  • * 263 Adelaide Terrace and 2 Victoria Ave respectively