Olderfleet, 477 Collins Street
Property Statistics
As at 30 June 2023
Market Valuation
S$433.3
million1,2,3
Total Net Lettable Area
0.3 million sq ft1
Committed Occupancy
100.0%1
Net Property Income
S$10.5 million5
Location |
477 Collins Street, Melbourne, VIC 3000, Australia |
Ownership Interest |
50.0% |
Title |
Freehold |
Purchase Price |
S$430.9 million |
Car Park Lots |
416 |
Notes:
- Reflects Suntec REIT's interest in the property.
- Based on the valuation as at 31 December 2022.
- Based on exchange rate of A$1.00 = S$0.9065 as at 31 December 2022.
- Rent guarantee on vacant spaces.
- Based on exchange rate of A$1.00 = S$0.9014.
- Based on total actual progress payment made, at an average exchange rate of A$1.00 = S$1.0041.
Olderfleet, 477 Collins Street a new 39 level premium-grade office development achieved practical completion on 31 July 2020.
The property is located within Melbourne's Central Business District with four train lines serving Collins Street. The Southern Cross Station, Victoria’s primary metropolitan and regional transport hub is also a short walking distance away.