Mirvac PFA Diversified Property Trust

706 Mowbray Road

mowbray road

706 Mobray Road, Lane Cove NSW

706 Mobray Road, Lane Cove was constructed in 1987 and is a multi-level, hi-tech industrial complex comprising two three-level office buildings, two warehouse levels and four levels of basement parking. The property is located less than 10 kilometres from the Sydney CBD. The property's major tenant is AP Facilities Pty Ltd (Atlab).

Property details  
Type:  Commercial / Industrial
Site area:  1.8 ha
Lettable area:  16,937 sqm
Car spaces:  324
Title:  Freehold
Ownership:  100%
Acquisition date:  January 2007
Valuation:   $24.1 million
Valuation date:  June 2008
Book value:  $24.1 million
Occupancy:  88.8%
Major tenant:  AP Facilities Pty Ltd (11,642 sqm), Direct Finishing Services (1,541 sqm)