50% Share of Iconic Canberra Asset with Long Lease to the Commonwealth of Australia
* 50% share in a new Premium Grade, five storey freestanding commercial office building recently completed in 2007
* Purpose designed as the National Headquarters for The Department of Human Services (formerly Centrelink)
* Passing net income: $14,409,781 (approx) for the 100% interest as at 5 October 2011
* Secured by lease to Commonwealth of Australia for 18 years from July 2007 with 3% annual reviews, providing ultimate safe haven and security of income. Two further terms of five years each
* Pattern of occupation of core assets for Commonwealth Departments in Canberra suggests continuous occupation for life of building
* Net lettable area: 40,244m² (approx)
* Huge site area of 5.35ha (approx)
* Energy efficient building with 4.5-star NABERS Energy rating
* 1,098 carparks (approx)