Bay Centre, Pirrama Road, Pyrmont, NSW
DESCRIPTION
Developed by Mirvac in 2002, the building comprises five office levels and is located adjacent to Darling Harbour. The building has large floor plates in excess of 3,000 sqm with harbour and city views from all levels. The building has recently achieved a 4 star NABERS Energy rating.
| SUMMARY INFORMATION | |
|---|
| GRADE | A Grade |
| OWNERSHIP | 100% MPT |
| NLA | 15,972 sqm |
| CARSPACES | 118 |
| ACQUISITION DATE | Jun 01 |
| LAST EXTERNAL VALUATION DATE | 31 Dec 11 |
| VALUATION AT 31 DEC 11 | $103.5m |
| VALUER | CB RICHARD ELLIS |
| CAPITALISATION RATE | 7.65% |
| DISCOUNT RATE | 9.25% |
| GROSS OFFICE RENT | $571/sqm |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| JOHN HOLLAND | 6,243 | Dec 19 |
| VEOLIA | 3,574 | Dec 12 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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