191-197 Salmon Street, Port Melbourne, VIC
DESCRIPTION
Headquarters for GM Holden, the building is designed in a campus style with floor plates greater than 7,000 sqm each. The building was purpose built for GM Holden and was completed in April 2005.
| SUMMARY INFORMATION | |
|---|
| GRADE | A Grade |
| OWNERSHIP | 100% MPT |
| NLA | 21,763 sqm |
| CARSPACES | 988 |
| ACQUISITION DATE | Jul 03 |
| LAST EXTERNAL VALUATION DATE | 30 Jun 10 |
| VALUATION AT 31 DEC 11 | $102.5m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 7.75% |
| DISCOUNT RATE | 9.50% |
| GROSS OFFICE RENT | $383/sqm |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| GM HOLDEN | 21,763 | Apr 20 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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