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 | |
GRADE | B Grade |
OWNERSHIP | 100% MPT |
NLA | 34,080 sqm |
CARSPACES | 1,770 |
ACQUISITION DATE | Aug 10 |
LAST EXTERNAL VALUATION DATE | 31 Dec 10 |
VALUATION AT 31 DEC 11 | $103.0m |
VALUER | DIRECTORS VALUATION |
CAPITALISATION RATE | 8.50% |
DISCOUNT RATE | 9.50% |
GROSS OFFICE RENT | $306/sqm |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
IBM | 34,080 | Aug 15 |
LEASE EXPIRY PROFILE % AREA | |