EXCEPTIONAL A-GRADE MELBOURNE CBD OFFICE TOWER WEIGHTED AVERAGE LEASE EXPIRY OF 9.1 YEARS

Office For Sale

Expressions of Interest. EOI Date 23 Jun 2016
Land Area: 2,899.00 m2. Floor Area: 21,660.70 m2.

Building Class: A

Description

380 La Trobe street is in the prime location in Flagstaff legal precinct within immediate vicinity of Flagstaff Train Station and all major courts – Federal, High, Magistrates, Supreme, County and others. The property is an imposing 22 level A-grade building of 21,661 m²* completed in 2003 with great presence to La Trobe Street.

Key Features:

- Highly sustainable building with current 4.5 Star NABERs Energy Rating, with opportunities for improvement.
- Ideal floorplate design and size – side-core and 1,253 m² respectively.
- A recent lease deal with an incoming building tenant for over 8,000 m² has drastically increased the WALE to 9.1 years, seldom available for a 20,000 m² – 25,000 m² multi-let office building in the Melbourne CBD.
- Attractive tenancy and expiry profile with a diverse spread of NLA weightings, expiries and industry types.

*Approx

For Sale by International Expressions of Interest closing Thursday 23rd of June 2016 at 4pm