Mirvac logo - Corp
Industrial style building
OFFICE

23 FURZER STREET

23 Furzer St, Phillip, ACT 2606

Completed in 2010, this campus style office building was purpose built for the Department of Health and Aged Care and comprises 10 office levels with floors of approximately 4,500 square metres each, as well as two levels of basement parking. The building has achieved a 6 Star NABERS Energy rating, a 6 star NABERS Water rating and a 6 Star Green Star performance rating.

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Grade
A
Nabers Rating
6.0 Star
Ownership
100%
NLA
46,167 SQM

Summary information

Acquisition/Agreement Date Feb-10
Last External Valuation Date Jun-23
Valuation at 31-DEC-23 $357.6m
Valuer Directors Valuation
Capitalisation Rate 5.75%
Discount Rate 6.38%
Gross Office Rent $515/sqm
Car Spaces 374

Lease Expiry Profile % Income

Wale: 11.1 YEARS

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
Department of Health & Aged Care 45,967 Feb-35
Entity Name NLA / GLA SQM Lease Expiry
Blue Fez 200 Feb-27
Industrial style building

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Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.  

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.