38 Sydney Avenue, Forrest, ACT
DESCRIPTION
Purpose built for the Commonwealth Government in 1997, the building comprises four office levels, with excellent natural light and large floor plates of approximately 2,100 sqm to 2,400 sqm. The building is well located close to the Parliamentary Triangle.
| SUMMARY INFORMATION | |
|---|
| GRADE | A Grade |
| OWNERSHIP | 100% MPT |
| NLA | 9,099 sqm |
| CARSPACES | 68 |
| ACQUISITION DATE | Jun 96 |
| LAST EXTERNAL VALUATION DATE | 31 Dec 10 |
| VALUATION AT 31 DEC 11 | $35.0m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 8.50% |
| DISCOUNT RATE | 9.50% |
| GROSS OFFICE RENT | $412/sqm |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| DBCDE | 8,975 | Nov 12 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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