AVIATION HOUSE,
16 FURZER STREET, PHILLIP, ACT
DESCRIPTION
Aviation House is well located in Phillip and comprises nine levels of office accommodation, a café on ground level and two levels of basement parking. The building was completed in 2007 and features A grade services, large floor plates, abundant natural light and a north-facing rooftop balcony. the building currently holds a 4.5 star NABERS Energy rating.
| SUMMARY INFORMATION | |
| GRADE | A Grade |
| OWNERSHIP | 100% MPT |
| NLA | 14,814 sqm |
| CARSPACES | 148 |
| ACQUISITION DATE | Jul 07 |
| LAST EXTERNAL VALUATION DATE | 30 Jun 10 |
| VALUATION AT 31 DEC 11 | $70.3m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 7.50% |
| DISCOUNT RATE | 9.25% |
| GROSS OFFICE RENT | $391/sqm |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
| CASA | 8,004 | Jan 22 |
| APSC | 3,992 | Feb 22 |
| LEASE EXPIRY PROFILE % AREA | |