Completed in 2009, 836 Wellington Street offers large, efficient floor plates with a central core configuration providing superior accommodation for tenants, including secure on-site parking for more than 138 vehicles.

Featuring 11,973sqm of office accommodation over eight levels, the property offers the best of green technology within the west, achieving a 5.5-star NABERS Energy rating.

Highlights

  • 11,973 SQM
    Total Lettable area
  • $69.5 million
    Book
    Value
  • 2.8 Years
    Weighted Average lease expiry
  • 5.5
    4.5
    Stars
    Energy | water Nabers Rating

Key Features

Building grade A Grade
Ownership 100%
Acquired/built/refurbished 2007/2009/NA
Car spaces 138
Lettable area 11,973sqm
Average floor plate 2,250sqm
Passing face rent $514psqm pa net
Net property income $6.5m
External valuation/date $69.5m/Nov 2015
Value/lettable area $5,805psqm
Book value $69.5m
Cap rate 7.50%
Discount rate 8.00%
  • LEASE EXPIRY PROFILE BY INCOME
Vacant
0% OCCUPANCY 100%
FY17
0%
FY18
0%
FY19100%
FY20
0%
FY21
0%
BEYOND
0%

Major Tenants

Federal Government 11,937sqm 100% of NLA

EXPIRY Apr 2019