Address:
66 Goulburn Street, Sydney, NSW
Type:
CBD office
Description:
24 level office building, with 5 basement carparks
Title:
Leasehold title expiring 16 August 2116 (50% owned by Australand Property Trust)
Net Lettable Area:
23,125sqm
Occupancy:
83% (Vacancy shortfall covered by rent guarantee)
Net Income:
$4.2 million per annum (approx.) fully let
Major Tenants:
Public and Broadcasting Limited
The Commonwealth Government of Australia
William Buck Accountants
Property Age:
Completed in 2004
Book Value:
$59.3 million (As at December 2006) (50% share)