Mirvac PFA Diversified Property Trust

The Lands Building

lands ground floor

134 Macquarie Street, Hobart TAS

The Lands Building is a 10 level office building located in the prime southern precinct of Hobart’s CBD, an area characterised by a concentration of landmark buildings. The Lands Building offers tenants generous quality office accommodation, natural light and impressive views over Hobart and its harbour. The building is fully leased with an 11 year lease term remaining and houses a number of State Government agencies.

Property details  
Type:  Commercial 
Site area:  1,968 sqm
Lettable area:  11,675 sqm
Car spaces:  32
Title:  Freehold
Ownership:  100%
Acquisition date:  February 2004
Valuation:  $35.0 million
Valuation date:  December 2008
Book value:  $34.9 million
Occupancy:  100%
Major tenant:  State of Tasmania (11,675 sqm)