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The property is a purpose-built medical centre with a day hospital, medical suites, retail and basement car parking. The building is currently sub-leased to a number of sub-tenants, including specialist cardiology, imaging, pharmacological and other general medical services.

Property information

This property information is current at 30 June 2019. We are not aware of any change to these details at the time of publishing.

Property details

  • Lettable Area (sqm)
    7,209
  • Major tenant
    S & K Car Park
  • No. of Tenants
    61
  • Occupancy Rate by area (%)
    98.83
  • Weighted Average Lease Expiry by income (years)
    2.2
  • Current Valuation ($m)
    85.8
  • Valuation date
    Feb 2019
  • Capitalisation Rate %
    7.13
  • Book Value ($m)
    86.19

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