1 Hugh Cairns Avenue, Bedford Park, SA
DESCRIPTION
The building is located 13 km south-east of the Adelaide CBD in a commercial precinct adjoining Flinders University campus. Occupied by BT Financial Group, a subsidiary of Westpac, the building is used as an operations and call centre.
SUMMARY INFORMATION | |
GRADE | B Grade |
OWNERSHIP | 100% MPT |
NLA | 6,224 sqm |
CARSPACES | 400 |
ACQUISITION DATE | Aug 10 |
LAST EXTERNAL VALUATION DATE | 30 Jun 11 |
VALUATION AT 31 DEC 11 | $17.9m |
VALUER | DIRECTORS VALUATION |
CAPITALISATION RATE | 9.50% |
DISCOUNT RATE | 10.00% |
GROSS OFFICE RENT | $358/sqm |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
WESTPAC | 6,224 | Oct 19 |
LEASE EXPIRY PROFILE % AREA | |