The Octagon
110 George Street, Parramatta NSW
The Octagon is a modern seven storey commercial building comprising ground floor lobby, retail and quality office space spread across eight octagonal pods. The property's unique design divides these pods into two groups, connected by pedestrian bridges from a central glass-backed lift tower. The Octagon is located within the heart of the established financial district of the Parramatta CBD and has dual street frontage onto Phillip and George Streets. A major refurbishment is underway, targeting a 4.5 Star NABERS rating.
| Property details | |
| Type: | Commercial |
| Site area: | 7,097 sqm |
| Lettable area: | 20,805 sqm |
| Car spaces: | 340 |
| Title: | Freehold |
| Ownership: | 50% |
| Acquisition date: | May 2007 |
| Valuation: | $38.0 million (50% interest) |
| Valuation date: | September 2008 |
| Book value: | $38.7 million |
| Occupancy: | 75% |
| Major tenants: | RTA (12,778 sqm) |