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Description
Riverside Corporate Park, North Ryde, is a modern A Grade office building completed in late 2004. Comprising a ground floor and 3 upper office levels and a basement car park able to accommodate 454 vehicles over 2 levels with a further 63 on grade spaces. The office levels offer huge efficient floor plates of around 3,800sqm with all floors offering abundant natural light and superb district views. Neighbourhood retail facilities are available at Riverside Centre within the Park whilst regional facilities are available at Macquarie Centre, which is located 2 km to the north west, and Chatswood 3 km to the north east.
Location
Riverside Corporate Park is located in North Ryde, approximately 8km from North Sydney and 10km from the Sydney CBD. North Ryde is considered the premier Hi Tech business park location of the Sydney metropolitan area, incorporating prime quality occupiers including Compaq, Microsoft, Orix, Fujitsu, Resmed, Nestle, Phillips and Pfizer. It is well located to transport routes situated adjacent to Epping Road and having direct access to the M2 Motorway 600 metres to the south west, with public bus transport, along Epping Road and Delhi Road, providing access to and from the CBD, North Sydney, Eastwood, Epping, Macquarie Shopping Centre and Macquarie University.
Key Information
- Ownership VPT - 100%
- Acquisition 31/10/2005
- Book Value ($,000) 70,500 (at 30/06/2008)
- Valuation Cap Rate 7.00%
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Net Lettable Area
Office: 15,095 sqm
- Typical Floor Plate 3,750
- Car Spaces 495
- Occupancy as at 30/06/2008 87%
- No. Of Tenants 4
- WALE as at 30/06/2008 5.5 years
- Age of Building 2005
Contact Details
- Phillip Rockliff
- 02 8257 6690