3 Rider Boulevard, Rhodes, NSW
DESCRIPTION
Located within the Rhodes Waterside development, 3 Rider Boulevard is a modern, seven level office building with three retail shops on the ground floor. Completed in late 2005, the building features large, flexible floor plates and has achieved a 4 star NABERS Energy rating.
| SUMMARY INFORMATION | |
| GRADE | A Grade |
| OWNERSHIP | 100% MPT |
| NLA | 16,810 sqm |
| CARSPACES | 305 |
| ACQUISITION DATE | Dec 09 |
| LAST EXTERNAL VALUATION DATE | 30 Jun 11 |
| VALUATION AT 31 DEC 11 | $79.8m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 8.00% |
| DISCOUNT RATE | 9.25% |
| GROSS OFFICE RENT | $396/sqm |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
| AAP | 3,642 | Sep 20 |
| CARDLINK SERVICES | 2,973 | Mar 16 |
| LEASE EXPIRY PROFILE % AREA | |
