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12-26 Franklin Street, Adelaide SA

About

12-26 Franklin Street comprises 17 levels of office space and basement parking for 114 vehicles.  

The property is located within the core office precinct of the Adelaide CBD and forms part of the City Central precinct, a redevelopment that includes the existing GPO building. The building has been certified with a 5 Star Green Star Office As Built v3 rating and a base building 5.5 star NABERS Energy rating.

It is fully leased to four tenants including the major tenant, the Commonwealth of Australia (represented by the Australian Taxation Office).

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Lease Expiry Profile1 By gross passing income (REIT ownership interest).

Key Tenants

TenantNLA (sqm)NLA (%)
Expiry (date)
Review (%/CPI)
Commonwealth Government (ATO)30,97984%Oct-273.75%2
Australia Post5,29114%Feb-233.50%
Public Caffé2551%Oct-274.00%
SA Government (SA Lotteries)2771%Jan-193.25%

2 Effective market rent reviews apply at the rental review due in November 2017 and 2022, subject to a 10% cap and collar.

 

Fund Ownership 50% DOF, 50% CLW
Title Freehold
Location Adelaide
Grade A
Occupancy 100%
Total NLA 37,315sqm
Car Spaces 114
Year Built 2012

Amenities

ICONS - DINING
Onsite Café
ICONS - CAR PARKING
Car Parking
ICONS - MOTOCYCLE AND SCOOTER PARKING
Motorcycle & Scooter Parking
ICONS - WELLNESS CENTRE
Health & Wellness
Green Star 5 Star
Achieved
5 Star

Green Star Office As Built v3

Green Star assesses the sustainable design, construction and operation of buildings, fit outs and communities. Choosing Green Star can help you save money, create a healthy place for people, minimise your environmental footprint and build a better future for us all. Learn more about our approach to sustainable design
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NABERS Water 4 Star
Achieved
4 Star

NABERS Water

A NABERS Water rating looks at the amount of water used and recycled within a building. Whole building Water rating: measures all of the water used in a building, including the base building and tenant occupied spaced.
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Green Star 5 Star
Achieved
5 Star

Green Star Office Design v3

Green Star assesses the sustainable design, construction and operation of buildings, fit outs and communities. Choosing Green Star can help you save money, create a healthy place for people, minimise your environmental footprint and build a better future for us all. Learn more about our approach to sustainable design
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NABERS Energy 5.5 Star
Achieved
5.5 Star

NABERS Energy

NABERS Energy measures the efficiency of an office building and rates either the base building, tenancy or whole building. An energy ratings works by comparing the energy consumption of a building against a set of benchmarks that have been developed using actual data. A NABERS Energy rating can be done with or without GreenPower. Base building Energy rating: occurs when central services like heating and cooling systems, lifts and lobby lighting are rated. Tenancy Energy rating: when businesses choose to rate the space they occupy within a building. Whole building Energy rating: this rates the base building and tenant occupied space. This usually occurs when there is a single tenant occupying an entire building.
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Location

Use the interactive map below to explore the area around our property.

Points of Interest
map

Disclaimer: All contents displayed within this map are for illustrative purposes and are subject to change without prior notice.

Contact

Kimberley Gillan
General Manager - State Representative ADE
Charter Hall
Adrian De Leiros
Senior Asset Manager
Charter Hall