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| FRESHWATER PLACE |
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Address: Freshwater Place OfficeTower, 2 Southbank Boulevard, Southbank, VIC
Type: CBD office
Description: 37 level, premium grade office building with 550 carparks
Title: Freehold (50% owned by Australand Property Trust)
Net Lettable Area: 54,871sqm
Occupancy: 91%
Net Income: $10.6 million (approx.)
Major Tenants: PriceWaterhouseCoopers SPI Electricity Pty Ltd PMP Limited HJ HeinzVanguard Investments Aust.
Property Age: Completed in 2005
Book Value: $139.2 million (As at December 2005 - 50% share)
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