An attractive modern office building comprising 7,645 sqm of lettable area with 230 parking bays. The property occupies a valuable 1.65 hectare corner site and is adjacent to the Garden City Shopping Centre, a high performing regional centre approximately 10 kms south of the Perth CBD.
The building is 50% occupied by Alcoa Australia as its head office in Australia. Alcoa is a major producer of alumina and aluminium in Australia and also has interests in power generation, rolled products and bauxite mining. The remaining balance of the building is leased to the Department of Environment and Conservation.
| Occupancy | 100% as at 30 June 2010 |
|---|---|
| Lease Term | 6 years from July 2008 |
| Independent Valuation | $28 million as at January 2010 |