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A five (5) level building, built in 2004, of 5,778 sqm at 192 Harbour Esplanade. The building is currently 79% leased to single occupier National Broadband Network (NBN), who are wholly owned by the Commonwealth of Australia, with a lease expiry in May 2025.
The property has the potential for an immediate rental uplift with the current vacancy, Level 3 (1,219sqm) being fully fitted and ready for occupation. Part of this acquisition was the strategic freehold purchase of the carpark on the podium (levels 3 & 4) of 1000 La Trobe Street and comprises of 163 single marked bays and is 94% leased