1 Hugh Cairns Avenue

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 
GRADEB Grade
OWNERSHIP100% MPT
NLA6,224 sqm
CARSPACES400
ACQUISITION DATEAug 10
LAST EXTERNAL VALUATION DATE30 Jun 11
VALUATION AT 31 DEC 11$17.9m
VALUERDIRECTORS VALUATION
CAPITALISATION RATE9.50%
DISCOUNT RATE10.00%
GROSS OFFICE RENT$358/sqm
MAJOR TENANTSNLA SQMLEASE EXPIRY
WESTPAC6,224Oct 19
LEASE EXPIRY PROFILE % AREA 
Lease Expiry Profile