Riverside Quay

Riverside Quay, Southbank, VIC

DESCRIPTION

A modern office complex comprising three separate buildings with ground floor retail and a single level of basement parking. The buildings have excellent natural light with views across the Yarra River and the CBD. A separate building at the rear incorporates a 560 space car park. The ground floor retail space has undergone a significant refurbishment.

SUMMARY INFORMATION 
GRADEA Grade
OWNERSHIP100% MPT
NLA31,348 sqm
CARSPACES163
ACQUISITION DATEApr 02 ( 1 & 3) Jul 03 (2)
LAST EXTERNAL VALUATION DATE31 Dec 11
VALUATION AT 31 DEC 11$155.0m
VALUERSAVILLS
CAPITALISATION RATE7.75%
DISCOUNT RATE9.25%
GROSS OFFICE RENT$435/sqm
MAJOR TENANTSNLA SQMLEASE EXPIRY
URS AUSTRALIA4,663 Feb 14
STA TRAVEL PTY LIMITED1,566Oct 19
LEASE EXPIRY PROFILE % AREA 
Lease Expiry Profile