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Riverside Quay Car Park, Southbank, VIC
DESCRIPTION
A separate building at the rear of the Riverside Quay commercial complex providing a 560 space car park to the adjoining office buildings and surrounding Southbank precinct.
| PROPERTY DETAILS | |
|---|---|
| OWNERSHIP | 100% MPT |
| NUMBER OF BAYS | 560 |
| ACQUISITION DATE | Apr 02 |
| LAST EXTERNAL VALUATION DATE | 31 DEC 11 |
| VALUATION AT 31 DEC 11 | $21.0m |
| VALUER | SAVILLS |
| CAPITALISATION RATE | 8.00% |
| DISCOUNT RATE | 10.00% |