Address:
Corner Springvale & Wellington Road, Mulgrave, VIC
Type:
Suburban office
Description:
A grade commercial office development, with 1,365 car spaces
Title:
Freehold
Net Lettable Area:
22,272sqm
Occupancy:
100%
Net Income:
$5.6 million annum (approx.)
Major Tenants:
Coles Myer Limited, Australand Property Group
Property Age:
Completed in 2002 (Building A, B, C) and with one older building refurbished in 2004 (Building D)
Book Value:
$73.3 million (As at December 2006)