191-197 Salmon Street, Port Melbourne, VIC
DESCRIPTION
Headquarters for GM Holden, the building is designed in a campus style with floor plates greater than 7,000 sqm each. The building was purpose built for GM Holden and was completed in April 2005.
SUMMARY INFORMATION | |
GRADE | A Grade |
OWNERSHIP | 100% MPT |
NLA | 21,763 sqm |
CARSPACES | 988 |
ACQUISITION DATE | Jul 03 |
LAST EXTERNAL VALUATION DATE | 30 Jun 10 |
VALUATION AT 31 DEC 11 | $102.5m |
VALUER | DIRECTORS VALUATION |
CAPITALISATION RATE | 7.75% |
DISCOUNT RATE | 9.50% |
GROSS OFFICE RENT | $383/sqm |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
GM HOLDEN | 21,763 | Apr 20 |
LEASE EXPIRY PROFILE % AREA | |