5 Rider Boulevard, Rhodes, NSW
DESCRIPTION
Developed by Mirvac in 2008, 5 Rider Boulevard is located within the Rhodes Waterside development. The property comprises a modern 14 level commercial office building including four levels of basement parking. The building is designed to achieve a 4.5 star NABERS Energy rating.
| SUMMARY INFORMATION | |
|---|
| GRADE | A Grade |
| OWNERSHIP | 100% MPT |
| NLA | 25,073 sqm |
| CARSPACES | 495 |
| ACQUISITION DATE | Jan 07 |
| LAST EXTERNAL VALUATION DATE | 31 Mar 11 |
| VALUATION AT 31 DEC 11 | $122.0m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 7.63% |
| DISCOUNT RATE | 9.13% |
| GROSS OFFICE RENT | $394/sqm |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| ALCATEL – LUCENT AUSTRALIA | 10,468 | Dec 18 |
| DOWNER EDI | 2,481 | Nov 17 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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