The property at 30 Pirie Street, Adelaide, SA is an A-grade office property that is centrally located in Adelaide’s CBD. It comprises 23 levels of office space and most floors enjoy scenic views. The location provides easy access to all amenities including tram and bus services. Rundle Mall, Adelaide’s primary retail strip, is nearby.
The property underwent extensive base building refurbishments in 2018, which cost approximately $19 million, in accordance with the terms of a lease agreement with Telstra, the property's major tenant. These works included lobby refurbishment, lift upgrade, toilet and common amenity refurbishments, construction of ‘end of trip’ facilities, new ceilings and lighting, new carpet and hard floorings, and upgrades to mechanical, electrical and fire services."
Ownership Interest | 100% |
Location | Adelaide, SA |
Building type | A grade - office |
Net Lettable area (sqm) | 24,665 |
NABERS Energy rating | |
NABERS Water rating | |
Major tenant | Telstra |
Occupancy (by NLA) | 96.1% |
WALE by Gross Property Income | 2.7 years |
The Fund is issued by Australian Unity Investment Real Estate Limited (AUIREL) which is owned by Australian Unity Keppel Capital Pty Ltd ABN 67 637 410 505, a joint venture company owned equally by subsidiaries of Australian Unity Limited ABN 23 087 648 888 and Keppel Capital Holdings Pte Ltd CRN 201302079N, the asset management arm of Singapore based Keppel Corporation Limited CRN 196800351N. The information on this website is general information only and is not based on the financial objectives, situations or needs of any particular investor. Past performance is not a reliable indicator of future performance.