55 Coonara Avenue

55 Coonara Avenue,
West Pennant Hills, NSW

DESCRIPTION

Located 26 km north-west of the Sydney CBD and 9 km north of Parramatta, the property has a net lettable area of over 34,000 sqm. Comprising a campus of seven interconnected low-rise buildings and approximately 1,770 parking spaces, IBM occupies the entire facility.

SUMMARY INFORMATION 
GRADEB Grade
OWNERSHIP100% MPT
NLA34,080 sqm
CARSPACES1,770
ACQUISITION DATEAug 10
LAST EXTERNAL VALUATION DATE31 Dec 10
VALUATION AT 31 DEC 11$103.0m
VALUERDIRECTORS VALUATION
CAPITALISATION RATE8.50%
DISCOUNT RATE9.50%
GROSS OFFICE RENT$306/sqm
MAJOR TENANTSNLA SQMLEASE EXPIRY
IBM34,080Aug 15
LEASE EXPIRY PROFILE % AREA 
Lease Expiry Profile