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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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We welcome you to our asset on Kaurna land. This asset 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 Profile-building/chart-lease-expiry-profile-ato-adelaide.png?sfvrsn=2d58102c_3)
1 By gross passing income (REIT ownership interest).
Key Tenants
| Tenant | NLA (sqm) | NLA (%) |
Expiry (date) |
Review (%/CPI) |
| Commonwealth Government (ATO) | 30,979 | 84% | Oct-27 | 3.75%2 |
| Australia Post | 5,291 | 14% | Feb-23 | 3.50% |
| Public Caffé | 255 | 1% | Oct-27 | 4.00% |
| SA Government (SA Lotteries) | 277 | 1% | Jan-19 | 3.25% |
2 Effective market rent reviews apply at the rental review due in November 2017 and 2022, subject to a 10% cap and collar.
Note: Charter Hall pays our respects to the Traditional Owners of Country and note that reference to the traditional land(s) is based on current Land Title knowledge which can be contested and reviewed at any time.
| Fund Ownership | 50% DOF, 50% CLW | |
| Title | Freehold | |
| Location | Adelaide | |
| Grade | A | |
| Occupancy | 100% | |
| Total NLA | 36,807sqm | |
| Car Spaces | 114 | |
| Year Built | 2012 | |
Amenities
Onsite Café
Car Parking
Motorcycle & Scooter Parking
Health & Wellness
Achieved
5 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
Achieved
4 Star
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.Achieved
5 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
Achieved
5.5 Star
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.-building/ato-12-26-franklin-st-(1).tmb-gallery.jpg?sfvrsn=4e3f93b4_1)
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Contact
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Kimberley Gillan
Asset Manager - State Lead SA
Charter Hall
+61 8 8417 5905
kimberley.gillan@charterhall.com.au
Luke Richards
Senior Property Manager
Charter Hall
Talk to 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.