Located at the western end of Collins Street at the gateway to Docklands, this 26-level building was completed in July 2015 and features 55,000sqm of premium-grade space, including a two-storey foyer comprising a lobby and a high quality retail offering.
The building opened with 78% leased to Leighton Contractors, Jemena, Corrs Chambers Westgarth and Virgin Active with a 4 year lease over the remaining vacancy to Leightons, the developer. This asset has achieved a 5-star Green Star rating and is targeting a 5-star NABERS Energy rating.
55,185 SQMTotal Lettable area
10.4 YearsWeighted Average lease expiry
1. Targeted NABERS rating
|Average floor plate||2,060sqm|
|Passing face rent||$548psqm pa net|
|Net property income||$12.8m|
|External valuation/date||$303.7m/June 2016|
- LEASE EXPIRY PROFILE BY INCOME
EXPIRY July 2028
EXPIRY July 2027
EXPIRY June 2024