The building has benefited from a significant capital works programme in 2014/15 with in excess of $10 million invested in upgrading the base building and services. The asset has medium term development potential occupying a prominent corner site in the Melbourne CBD and, noting Charter Hall successfully acquiring the adjoining 555 Collins Street site in late-2018.
Year Built | 1987 | |
Office grade | A | |
Total NLA | 12,408sqm | |
Typical Floor Plan | 1619sqm | |
Car Spaces | 59 | |
Weighted Average Lease Expiry (WALE) | 3.2 | |
Occupancy | 100% | |
Major tenants | State of Victoria (VCAT), M2 Group | |
Fund Ownership | 100% CPOF |