10-14 Wormald Street, Symonston, ACT
The Property
This property is a quality commercial building, with the Canberra Eye Hospital, Canberra’s best equipped and most comprehensive eye care facility, as the anchor tenant. Canberra Eye Hospital is Canberra’s only ACHS (Australian Council on Healthcare Standards) quality accredited, dedicated eye hospital.
The lease to the Canberra Eye Hospital is to 2018, with two further options to renew for five years each.
Property Snapshot
| Property description |
Commercial office |
| Purchase price |
$10,000,000 |
| Value1 |
$9,650,000 |
| Valuation date |
3 October 2008 |
| Expected net lettable area |
2,535 m2 |
| Settlement date |
12 March 2008
|
Expected weighted average lease term
(weighted by expected income) |
5.8 years |
| Occupancy level |
100% |
| Major tenants |
Canberra Eye Hospital,
Snowy Mountain Engineering
Corporation, Cardno Young |
- Based on an independent valuation report provided by Knight Frank Canberra Pty Ltd dated 3 October 2008.
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