20 October 2011
Asset Plan for 500 Collins St, Melbourne By Ekaterina Kuftinova
Table of Contents
1. Introduction............................................................................................................................................3
2. Property Overview 2.1 Overview....................................................................................................................................3 2.2 Property Details....... .................................................................................................................3
2.3 Tenancy Profile...........................................................................................................................5 …show more content…
Introduction
We understand the Property Investment Company’s intention in seeking asset management advice in relation to 500 Collins Street, Melbourne CBD is to assist in the development and execution of appropriate asset management strategies, with the objective of optimizing the future investment performance of the property.
2. Property Overview
2.1 Overview
Location
The subject property is situated at 500 Collins Street, Melbourne CBD with two street frontages to Collins Street and Little Collins Street. Please refer to Figure 1 for a location map.
Figure 1: 500 Collins St, Melbourne CBD Location Map
Source: Streetdirectory.com.au
The area consists of predominantly commercial high profile buildings. Also within the locality are the number of shops and cafes. The area is very well all amenities. …show more content…
ATTACHMENT I: Stacking Plan of 500 Collins Street, Melbourne CBD
STAKING PLAN
Total Net Lettable Area 13,000 sqm Total Car spaces 200 bays
ATTACHMENT II: Tenancy Schedule
Level | NLA | Use | Tenant | Lease | Lease | Rent Passing | Next Rent | Rent Review Basis | Outgoings Basis | | sqm | | | Term | Expiry Date | $PA | Review | | | Basem’t | 200 cars | Car Park | Jones | 15 | 30/06/2023 | 480000 | 30/06/2012 | CPI annual | No outgoings paid | 1 | 2500 | Office | Smith | 5 | 30/06/2013 | 1000000 | 30/06/2012 | 5% annual | Gross | 2 | 2500 | Office | Smith | 5 | 30/06/2013 | 1000000 | 30/06/2012 | 5% annual | Gross | 3 | 1000 | Office | Brown | 5 | 30/06/2016 | 400000 | 30/06/2012 | 5% annual | Gross | 4 | 1000 | Office | Brown | 5 | 30/06/2016 | 400000 | 30/06/2012 | 5% annual | Gross | 5 | 1000 | Office | Brown | 5 | 30/06/2016 | 400000 | 30/06/2012 | 5% annual | Gross | 6 | 1000 | Office | Davies | 10 | 30/06/2017 | 600000 | 30/06/2013 | 2 Yrly Mkt - no ratchet | Net | 7 | 1000 | Office | Davies | 10 | 30/06/2017 | 600000 | 30/06/2013 | 2 Yrly Mkt - no ratchet | Net | 8 | 1000 | Office | Davies | 10 | 30/06/2017 | 600000 | 30/06/2013 | 2 Yrly Mkt - no ratchet | Net