Investment highlights:
- Prominent corner location, with three street frontages, including 62 metres along Elizabeth Street, fronting Hyde Park
- Immaculately presented asset, over $18m in CAPEX completed in 2010
- Telstra Corporation, A rated lease covenant, providing strong fixed annual rental growth of 4.25 percent p.a.
- Direct underground access to Museum train station and moments from the new Pitt Street metro station (due for completion in 2024)
- Boasting panoramic views of Hyde Park, Sydney Harbour and beyond
- Long term opportunities include a commercial re-positioning (STCA)
- Net passing income of $17.5m
- 5-Star NABERS Energy rating