101–103 Miller Street, North Sydney, NSW
DESCRIPTION
This landmark Premium grade office tower and major retail centre is located in the heart of the North Sydney CBD with a direct link to North Sydney Railway Station. The complex was built in 1992 and underwent a major refurbishment in 2008. The building was the first existing Premium tower to achieve a 5 star GreenStar rating and has achieved a 5 star NABERS Energy rating.
| SUMMARY INFORMATION | |
|---|
| Grade | Premium Grade |
| Ownership | 50% MPT, 50% EUREKA |
| NLA | 37,472 sqm |
| Car Spaces | 242 |
| Acquisition Date | Jun 94 |
| last external Valuation Date | 31 dec 10 |
| valuation at 31 DEC 11 | $168.8m |
| Valuer | directors valuation |
| Capitalisation Rate | 7.00% |
| Discount Rate | 9.00% |
| Gross office rent | $700/sqm |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| RTA | 15,614 | Jul 16 |
| COMMONWEALTH OF AUSTRALIA | 7,492 | Jul 18 |
| LEASE EXPIRY PROFILE % AREA | |
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