800 Toorak Road is a 42,000sqm complex offering six upper levels of office space and an underground car park comprising 1,200 car parking bays over 2 basement levels.

The building also features a central atrium, conference centre, extensive staff dining facilities and gymnasium. The building is 100% leased to Coles until 2030, allowing this tenant to benefit from the its excellent location close to the Monash Freeway and Tooronga train station.

Highlights

  • 41,878 SQM
    Total Lettable area
  • $127.1 million
    Book
    Value
  • 13.7 Years
    Weighted Average lease expiry
  • C
    C

    Stars
    Energy | water Nabers Rating

C. Not reported as management control of the building is assigned to the tenant under the terms of the lease.

Key Features

Building grade B Grade
Ownership 50%
Acquired/built/refurbished 1997/1986/NA
Car spaces 1236
Lettable area 41,878sqm
Average floor plate 6,560sqm
Passing face rent $236psqm pa net
Net property income $7.4m
External valuation/date $127.0m/Nov 2015
Value/lettable area $6,065psqm
Book value $127.1m
Cap rate 6.00%
Discount rate 7.75%
  • LEASE EXPIRY PROFILE BY INCOME
Vacant
0% OCCUPANCY 100%
FY17
0%
FY18
0%
FY19
0%
FY20
0%
FY21
0%
BEYOND
100%

Major Tenants

Coles 41,878sqm 100% of NLA

EXPIRY Mar 2030