• Total net income: $4,671,261 (approx)
• Strong covenants Telstra and Suncorp
• Modern A-Grade office building services recently refurbished
• 4-star NABERS Energy rating
• Large floorplates 1,245m² to 1,605m² (approx)
• Prominent location within CBD, walk to railway and Westfield
• Total NLA: 11,984m² (approx)
• On site security parking for 172 cars
• First A-Grade building offered this year in Parramatta CBD

The Offering
18 Smith Street is one of Parramatta’s few A-grade buildings. It has been recently
refurbished and is almost fully leased with major tenants Telstra and Suncorp and enjoys a
W.A.L.E. of 3.9 years.

Location
The building is in the core of the Parramatta CBD. It has dual street frontage to Smith
Street and Barrack Lane and is approximately 100 metres from the recently upgraded
Parramatta Rail/Bus interchange and the extensively refurbished Westfield Shopping Mall.

Site Area
Approximately 2,621m² (approx)

Net Lettable Area
Approximately 11,984m² (approx)

Car Parking
The building provides for 172 on-site parking over two basement levels

Estimated Net Income
Current Net Passing Income $4,671,261 per annum
Estimated Fully Leased Income $4,962,357 per annum
As at 24 October 2011

Tenure
Freehold

Zoning
The property is zoned “B3 Commercial Core” under the Parramatta City Centre LEP 2007

NABERS Energy Rating
NABERS Energy Rating of 4.0 stars

Tenancy Profile
The property is almost fully leased, with a WALE is 3.9 years as at the 1st October 2011.
The two major tenants are; Telstra 6,660m² (approx) Suncorp 2,490m² (approx)

Title Reference
Lot 10 of Deposited Plan 856102

For Sale please contact agent for further details