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Quay West Car Park
109-111 Harrington Street, Sydney, NSW
DESCRIPTION
An eight level commercial car park comprising 598 spaces, the property is located under Quay West Suites in The Rocks area and close to the financial district of the Sydney CBD and several 5 star hotels. Two retail outlets are also incorporated at street level.
| PROPERTY DETAILS | |
|---|---|
| OWNERSHIP | 100% MPT |
| NUMBER OF BAYS | 598 |
| ACQUISITION DATE | Nov 89 |
| LAST EXTERNAL VALUATION DATE | 30 Jun 11 |
| VALUATION AT 31 DEC 11 | $29.3m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 8.50% |
| DISCOUNT RATE | 10.00% |