Mirvac PFA Diversified Property Trust

The AAPT Centre

aaptcentre2

180-188 Burnley Street, Richmond VIC

The AAPT Centre is an internet data, telecommunications and office administration centre located in the Melbourne CBD eastern fringe suburb of Richmond. The property was acquired in June 2005 from AAPT Limited under a sale and leaseback structure.

Property details  
Type:  Commercial
Site area:  4,696 sqm
Lettable area:  5,501 sqm
Car spaces:  121
Title:  Freehold
Ownership:  100%
Acquisition date:  June 2005
Valuation:   $20.5 million
Valuation date:  June 2008
Book value:  $19.8 million
Occupancy:  100%
Major tenant:  AAPT (5,501 sqm)