191-197 Salmon Street

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 
GRADEA Grade
OWNERSHIP100% MPT
NLA21,763 sqm
CARSPACES988
ACQUISITION DATEJul 03
LAST EXTERNAL VALUATION DATE30 Jun 10
VALUATION AT 31 DEC 11$102.5m
VALUERDIRECTORS VALUATION
CAPITALISATION RATE7.75%
DISCOUNT RATE9.50%
GROSS OFFICE RENT$383/sqm
MAJOR TENANTSNLA SQMLEASE EXPIRY
GM HOLDEN21,763Apr 20
LEASE EXPIRY PROFILE % AREA 
Lease Expiry Profile