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Partnership and financial discipline are at the heart of our approach to investment, to deliver stability and long-term growth.
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We focus on core property sectors, building better futures through the places we share.
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As a leading property investment management company, we drive value and mutual success to bring aspirations to life.
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The property is leased to Westpac Banking Corporation, which occupies 100% of the property.
The building underwent an extensive refurbishment in 2016, which included base building works, upgrades to plant and equipment and tenant fit out works.
Lease Expiry Profile1
1By gross passing income (REIT ownership interest).
Key Tenants2
| Tenant | NLA (sqm) | NLA (%) | Expiry (date) | Review (%CPI) |
| Westpac | 31,354 | 99% | Sep-34 | CPI3 |
| Westpac (Branch) | 370 | 1% | Sep-21 | CPI3 |
2NLA shown on a 100% basis, gross passing income based on REIT ownership interest.
3Annual CPI reviews subject to a ratchet and an annual cap of 5%.
| Fund Ownership | 50.1% CLW, 49.9% DOF | |
| Title | Freehold | |
| Location | Kogarah | |
| Grade | A | |
| Occupancy | 100% | |
| Total NLA | 31,715sqm | |
| Car Spaces | 597 | |
| Year Built | 1990 (Refurbished in 2016) | |
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Contact
Brendan Szabo
General Manager
Charter Hall
+61 2 8651 9571
brendan.szabo@charterhall.com.au.tmb-small.jpg?sfvrsn=1731b9e0_1)
Megan Jones
Asset Manager
Charter Hall
Contact Us
Thanks for your interest in Charter Hall. Fill in your details below and we’ll get back to you as soon as possible.
Please prefix the number with +<country code><area code>
I am interested in
Enquiry
*Indicates that this field is required.
All personal information submitted will be treated in accordance with our privacy policy.
By registering and/or submitting personal data to Charter Hall, you agree that, where it is permitted by law and in accordance with our Privacy Statement or where you have agreed to receive communications from us, Charter Hall may use this information to notify you of our products and services and seek your feedback on our products and services. Please note you can manually opt out of any communications.
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