Property Portfolio. For personal use only · 26 20-22 Butler Boulevard Adelaide Airport SA 11,197 10,300,000 0.43% 27 Lot 102 Coghlan Road Outer Harbor SA 6,626 7,000,000 0.29% 28

Property Portfolio.

31 December 2013

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Australand Holdings Limited (ABN 12 008 443 696)

Australand Property Limited (ABN 90 105 462 137;

AFS Licence No. 231130) as the responsible entity

of Australand Property Trust (ARSN 106 680 424)

and Australand ASSETS Trust (ARSN 115 338 513)

Australand Investments Limited (ABN 12 086 673 092;

AFS Licence No. 228837) as the responsible entity of

Australand Property Trust No.4 (ARSN 108 254 413)

and Australand Property Trust No.5 (ARSN 108 254 771)

© 2014 Australand Holdings Limited. This document

is subject to copyright. It may not be copied, used,

reproduced, or transmitted in any way or in any

form without the express permission of Australand

Holdings Limited.

This document has been prepared by Australand

Holdings Limited (ABN 12 008 443 696). The information

in this document is not intended as investment or fi nancial

advice and must not be relied upon as such. Whilst every

care has been taken in relation to its accuracy, no warranty

of accuracy is given or implied.

Australand Property Portfolio December 2013

Front Cover

Industrial PropertyFlint StreetInala, QLD

1About

Australand

2Investment Property

Overview

6Industrial

Overview

12Industrial

Portfolio

44Offi ce

Overview

48Offi ce

Portfolio

Contents.F

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Australand Property Portfolio December 2013 1

I am:

Australand’s property portfolio consists of modern commercial and industrial assets leased to high quality tenants. Australand’s integrated development, ownership and management platform provides valuable insight into customer requirements and changing market conditions.

The Investment Property division’s success is driven by the commitment of our people, the quality of our portfolio and the strength of our relationships with our tenants.

.

Offi ce Property

1F Homebush Bay Drive

Rhodes, NSW

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2 Australand Property Portfolio December 2013

$2.4b property portfolio value

IndustrialOffice

VICNSWQLDWA & SA

Fixed > of fixed & CPI Other & expiry

Multi national companiesASX listed companiesOtherGovernment

50%50% 44%

37%

17%

2%

83%

4% 13%

50%

31%

13%

6%

Sector diversity1 Geographic diversity1 Rent review structure2 Tenant profi le2

FY18

Vacant

10%

5%

FY19+ 46%

FY15 11%

FY14 7%

8%13%

FY16

FY17

1. By portfolio value.

2. By portfolio income, excludes vacancy.

3. By portfolio income.

Lease expiry profi le3

Investment Property Overview 3

Australand’s property portfolio provides strong earnings visibility with a weighted average lease expiry

of 5.3 years.

Australand is a diversifi ed property group, with activities across Australia covering development of residential land, housing and apartments, development of and investment in income producing commercial and industrial properties and property management.

Australand’s Investment Property business comprises a portfolio of 68 high quality industrial and offi ce assets valued at $2.4 billion. The portfolio is well diversifi ed geographically with assets predominantly located within the major cities of Melbourne, Sydney and Brisbane.

This compendium details all investment properties within the portfolio as at 31 December 2013.

Type of

property

No.

properties

GLA/NLA

(square

metres)

Book value

31 Dec 13

($m)

WALE1

(years)

Occupancy1

(%)

Cap rate

(%)

Industrial 51 942,832 1,197.1 5.8 96.1 8.44

Offi ce 17 269,367 1,190.8 4.8 93.6 7.51

Total portfolio 68 1,212,200 2,387.9 5.3 94.9 7.98

Investment property overview.


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I am:business.

PerthAdelaide

Brisbane

Sydney

Melbourne

South AustraliaIndustrial

5 Butler Boulevard, Adelaide Airport

18-20 Butler Boulevard, Adelaide Airport

20-22 Butler Boulevard, Adelaide Airport

Lot 102 Coghlan Road, Outer Harbor

Western AustraliaIndustrial

Hudswell Road, Perth Airport

QueenslandIndustrial

47-59 Boundary Road, Carole Park

57-71 Platinum Street, Crestmead

51 Stradbroke Street, Heathwood

30 Flint Street, Inala

5-7 Trade Street, Lytton

286 Queensport Road, Murarrie

350 Earnshaw Road, Northgate

63-99 Sandstone Place, Parkinson

44 Cambridge Street, Rocklea

99 Shettleston Street, Rocklea

Offi ce97 School Street, Spring Hill

138 Ferny Avenue, Surfers Paradise

New South WalesIndustrial

227 Walters Road, Arndell Park

2 Wonderland Drive, Eastern Creek

4 Kangaroo Avenue, Eastern Creek

6 Butu Wargun Drive, Greystanes



35 Huntingwood Drive, Huntingwood

Lot 2 Inner Circle, Port Kembla

8 Distribution Place, Seven Hills

8 Stanton Road, Seven Hills

10 Stanton Road, Seven Hills

99 Station Road, Seven Hills

80 Hartley Street, Smeaton Grange

Offi ceTower A, 197-201 Coward Street, Mascot

Tower B, 197-201 Coward Street, Mascot

1B Homebush Bay Drive, Rhodes

1D Homebush Bay Drive, Rhodes

1F Homebush Bay Drive, Rhodes

66 Goulburn Street, Sydney

20 Lee Street, Henry Deane Building, Sydney

26-30 Lee Street, Gateway Building, Sydney

1E Homebush Bay Drive, Rhodes

VictoriaIndustrial

610 Heatherton Road, Clayton South

22-28 Bam Wine Court, Dandenong South

10-32 South Park Drive, Dandenong South





468 Boundary Road, Derrimut

1-5 Sunline Drive, Derrimut

1 West Park Drive, Derrimut

64 West Park Drive, Derrimut

23 Scanlon Drive, Epping

170 Atlantic Drive, Keysborough

49-71 Pacifi c Drive, Keysborough

Lots 1 & 2 Atlantic Drive, Keysborough

2-46 Douglas Street, Port Melbourne

20 Thackray Road, Port Melbourne

17-23 Jets Court, Tullamarine

25-29 Jets Court, Tullamarine

96-106 Link Road, Tullamarine

28-32 Sky Road East, Tullamarine

38-52 Sky Road East, Tullamarine

115-121 South Centre Road, Tullamarine

Offi ce357 Collins Street, Melbourne

690 Springvale Road & 350 Wellington Road, Mulgrave

658 Church Street, Richmond

2 Southbank Boulevard, Southbank

28 Southbank Boulevard , Southbank

Freshwater Place, Public Car Park, Southbank

Investment Property Overview 5

I am:location.


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Australand Property Portfolio December 2013 7

Industrial Property

8 Distribution Place

Seven Hills, NSW

I am:connected.

6 Australand Property Portfolio December 2013 7

Industrial Overview December 2013

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8 Australand Property Portfolio December 2013 Industrial Overview December 2013 9

942,832 square metres total gross lettable area

Address Suburb StateGLA

(square metres)Book value at 31 Dec 13 ($) % of total portfolio1

1 227 Walters Road Arndell Park NSW 17,733 23,000,000 0.96%

2 2 Wonderland Drive Eastern Creek NSW 29,047 41,500,000 1.74%

3 4 Kangaroo Avenue Eastern Creek NSW 15,918 24,000,000 1.01%

4 6 Butu Wargun Drive Greystanes NSW 19,218 25,300,000 1.06%



7 35 Huntingwood Drive Huntingwood NSW 24,967 34,600,000 1.45%

8 Lot 2 Inner Circle Port Kembla NSW 3,283 21,850,000 0.92%

9 8 Distribution Place Seven Hills NSW 13,189 19,000,000 0.80%

10 8 Stanton Road Seven Hills NSW 10,708 15,200,000 0.64%

11 10 Stanton Road Seven Hills NSW 7,065 11,250,000 0.47%

12 99 Station Road Seven Hills NSW 10,772 15,000,000 0.63%

13 80 Hartley Street Smeaton Grange NSW 61,281 57,500,000 2.41%

14 47-59 Boundary Road Carole Park QLD 13,260 12,000,000 0.50%

15 57-71 Platinum Street Crestmead QLD 19,299 27,000,000 1.13%

16 51 Stradbroke Street Heathwood QLD 14,916 21,000,000 0.88%

17 30 Flint Street Inala QLD 15,016 21,500,000 0.90%

18 5-7 Trade Street Lytton QLD 14,479 20,350,000 0.85%

19 286 Queensport Road Murarrie QLD 21,531 27,100,000 1.13%

20 350 Earnshaw Road Northgate QLD 30,771 47,600,000 1.99%

21 63-99 Sandstone Place Parkinson QLD 54,245 176,600,000 7.40%

22 44 Cambridge Street Rocklea QLD 10,923 15,750,000 0.66%

23 99 Shettleston Street Rocklea QLD 15,186 19,500,000 0.82%

24 5 Butler Boulevard Adelaide Airport SA 8,224 7,600,000 0.32%

25 18-20 Butler Boulevard Adelaide Airport SA 6,991 8,800,000 0.37%

Australand’s industrial portfolio consists of prime assets within close proximity to major road networks providing customers with logistics and infrastructure solutions.

Comprising 50% of Australand’s investment property assets the industrial portfolio included 51 income producing properties at 31 December 2013 with a total book value of $1.2 billion.

The industrial portfolio has a total lettable area of over 940,000 square metres of warehouse space and ancillary offi ces.

The industrial portfolio is 96% occupied with a weighted average

lease expiry of 5.8 years.

Industrial overview.

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96% occupancy

Geographic diversity1

Industrial overview.

VIC QLDNSWWA & SA

33%

33%

29%

5%

Rent review structure2


79%

7%

14%

FY18

FY17

FY16

Vacant

FY14 8%4%

FY19+ 47%

FY15 15%7%7%

12%





31 Dec 2013

Industrial Overview December 2013 11

Address Suburb StateGLA


26 20-22 Butler Boulevard Adelaide Airport SA 11,197 10,300,000 0.43%

27 Lot 102 Coghlan Road Outer Harbor SA 6,626 7,000,000 0.29%

28 610 Heatherton Road Clayton South VIC 8,387 25,100,000 1.05%

29 22-28 Bam Wine Court Dandenong South VIC 17,606 18,400,000 0.77%

30 10-32 South Park Drive Dandenong South VIC 12,729 11,250,000 0.47%





35 468 Boundary Road Derrimut VIC 24,732 22,000,000 0.92%

36 1-15 Sunline Drive Derrimut VIC 26,153 24,700,000 1.03%

37 1 West Park Drive Derrimut VIC 10,078 8,200,000 0.34%

38 64 West Park Drive Derrimut VIC 20,337 19,000,000 0.80%

39 23 Scanlon Drive Epping VIC 12,361 12,900,000 0.54%

40 170 Atlantic Drive Keysborough VIC 27,272 28,600,000 1.20%

41 49-71 Pacifi c Drive Keysborough VIC 25,163 24,500,000 1.03%

42 Lots 1 and 2 Atlantic Drive Keysborough VIC 30,004 28,600,000 1.20%

43 2-46 Douglas Street Port Melbourne VIC 21,803 23,000,000 0.96%

44 20 Thackray Road Port Melbourne VIC 9,027 14,700,000 0.62%

45 17-23 Jets Court Tullamarine VIC 9,869 7,300,000 0.31%

46 25-29 Jets Court Tullamarine VIC 15,544 11,400,000 0.48%

47 96-106 Link Road Tullamarine VIC 18,598 26,400,000 1.11%

48 28-32 Sky Road East Tullamarine VIC 12,086 8,000,000 0.34%

49 38-52 Sky Road East Tullamarine VIC 46,231 21,000,000 0.88%

50 115-121 South Centre Road Tullamarine VIC 3,085 6,000,000 0.25%

51 Hudswell Road Perth Airport WA 20,143 23,800,000 1.00%

TOTAL INDUSTRIAL PORTFOLIO 942,832 1,197,100,000 50.13%

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Industrial Portfolio December 2013 1312 Australand Property Portfolio December 2013

Sector Industrial

Ownership 100%

GLA (square metres) 17,733

% of portfolio 0.96%

Occupancy 100%

Major tenants DHL

WALE (years) 1.31

Book value

as at 31 Dec 2013

$23,000,000

Capitalisation rate 8.50%

Independent valuation $23,300,000

Valuation date 30 Jun 13


Discount rate 9.50%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants LG Electronics

WALE (years) 0.69

Book value

as at 31 Dec 2013

$41,500,000



Valuation date 31 Dec 13


Discount rate 9.50%

227 Walters Road, Arndell Park, NSW 2 Wonderland Drive, Eastern Creek, NSW

1 Prominently positioned within an established industrial precinct and fronting the Great Western Highway, the property comprises a high clearance modern

warehouse and two storey offi ce component. The property is within close proximity to the M4 and M7 Motorways.

2 Located within Sydney’s premier industrial logistics location, Eastern Creek, and situated at the intersection of the M4 and M7 Motorways, the

property comprises a three level offi ce and high clearance warehouse. This building was originally constructed in 2004 and expanded in late 2005.

Number of properties

at each locationArndell Park

227 Walters Road

Eastern Creek

2 Wonderland Drive

Lot 1 Kangaroo Close

Greystanes

6 Butu Wargun Drive

8 Butu Wargun Drive

10 Butu Wargun Drive

Huntingwood

35 Huntingwood Drive

Port Kembla

Lot 2 Inner Circle

Seven Hills

8 Distribution Place

8 Stanton Road

10 Stanton Road

99 Station Road

Smeaton Grange

80 Hartley Street

GreystanesEastern Creek

Seven HillsArndell Park

Huntingwood

Smeaton GrangePort Kembla90km from Sydney>

Sydney CBD

AirportM5 MOTORWAY

M4 MOTORWAY

M2 MOTORWAY

M7

MOT

ORW

AY

New South Walesindustrial portfolio.

Industrial

Property

Portfolio

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Schweppes

WALE (years) 1.42

Book value

as at 31 Dec 2013

$33,000,000





Discount rate 9.50%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants BJ Ball

WALE (years) 1.30

Book value

as at 31 Dec 2013

$25,300,000





Discount rate 9.75%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Inchcape Motors, John Danks & Son

WALE (years) 2.73

Book value

as at 31 Dec 2013

$30,500,000





Discount rate 9.75%

10 Butu Wargun Drive, Greystanes, NSW6 Butu Wargun Drive, Greystanes, NSW 8 Butu Wargun Drive, Greystanes, NSW

6 The property, constructed in 2003, consists of a high quality industrial facility with full vehicular access and a modern single level offi ce situated to the front of the

building. Greystanes is located within close proximity to the M4 Motorway.

4 A high quality freestanding industrial distribution facility constructed in 2005, comprising a modern warehouse and offi ce. Greystanes is located within

close proximity to the M4 Motorway.3

Completed in 2013, this high quality warehouse and ancillary offi ce is located within Sydney’s premier industrial logistics location, Eastern Creek. 5

Constructed in 2005, the property consists of a high quality freestanding industrial distribution facility. The facility has the fl exibility to be occupied as

a single facility or divided into two tenancy areas.

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Schenker

WALE (years) 10.00

Book value

as at 31 Dec 2013

$24,000,000





Discount rate 9.25%

4 Kangaroo Avenue, Eastern Creek, NSW

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Yusen

WALE (years) 3.38

Book value

as at 31 Dec 2013

$15,200,000





Discount rate 9.75%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Inchcape, Mazda

WALE (years) 5.63

Book value

as at 31 Dec 2013

$21,850,000





Discount rate 10.25%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants CABAC

WALE (years) 4.41

Book value

as at 31 Dec 2013

$19,000,000





Discount rate 9.50%

Lot 2 Inner Circle, Port Kembla, NSW 8 Distribution Place, Seven Hills, NSW

8 Port Kembla is situated within the southern industrial city of Wollongong. The site includes an offi ce and warehouse with direct access into the port via Tom

Thumb Road.9

Constructed in 2008, the property incorporates a modern two storey offi ce and high clearance warehouse facility with multiple loading docks. Seven

Hills is an established industrial suburb within close proximity

to the M2 and M7 Motorways.

8 Stanton Road, Seven Hills, NSW

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Costco

WALE (years) 5.16

Book value

as at 31 Dec 2013

$34,600,000





Discount rate 9.50%

35 Huntingwood Drive, Huntingwood, NSW

7 The facility is approximately 35 kilometres west of the Sydney CBD and incorporates a single level offi ce component and high clearance warehouse with

separate receiving and dispatch docking amenities located at either side of the building.

10 This high quality warehouse and distribution facility comprises a two level offi ce and high clearance warehouse. Located in an established

industrial precinct, the site is within close proximity to the M2

and M7 Motorways.

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants CSR Building Products

WALE (years) 7.61

Book value

as at 31 Dec 2013

$11,250,000





Discount rate 9.50%

10 Stanton Road, Seven Hills, NSW

11 The facility, completed in 2003, comprises two levels of offi ce accommodation, undercover parking and a high clearance warehouse.


Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants RF Industries

WALE (years) 4.20

Book value

as at 31 Dec 2013

$15,000,000





Discount rate 9.50%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Coles

WALE (years) 5.47

Book value

as at 31 Dec 2013

$57,500,000





Discount rate 9.75%

99 Station Road, Seven Hills, NSW

13 The ~61,000 square metre property comprises a modern industrial offi ce, warehouse and distribution centre located within an established

industrial precinct approximately 40 kilometres southwest of the Sydney CBD.

12 Completed in 2011 and located within close proximity to the M2 and M4 Motorways this prime quality property consists of a high clearance

warehouse and associated offi ces.

80 Hartley Street, Smeaton Grange, NSW

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Goodyear

WALE (years) 5.40

Book value

as at 31 Dec 2013

$12,000,000






Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Stramit

WALE (years) 5.87

Book value

as at 31 Dec 2013

$27,000,000





Discount rate 9.75%

47-59 Boundary Road, Carole Park, QLD 57-71 Platinum Street, Crestmead, QLD

14 The property, completed in 2004, features a high clearance warehouse and offi ce. Carole Park is situated approximately 19 kilometres from the

Brisbane CBD and benefi ts from access to the Logan and

Ipswich Motorways.

15 This custom designed warehouse and manufacturing facility is located approximately 30 kilometres south of the Brisbane CBD and within

close proximity to the Logan and Pacifi c Motorways.


at each locationCarole Park

47-59 Boundary Road

Crestmead

57-71 Platinum Street

Heathwood

51 Stradbroke Street

Inala

Flint Street

Lytton

5-7 Trade Street

Murarrie

286 Queensport Road

Northgate

Earnshaw Road

Parkinson

63 & 99 Sandstone Place

Rocklea

44 Cambridge Street

99 Shettleston Street

PACIFIC MOTORW

AY

LOGAN MOTORWAY

WES

TERN

FRE

EWAY

BRUCE H

IGH

WAY

IPSWICH MOTORWAY

GAT

EWAY

MO

TORW

AY

Brisbane CBD

Carole Park

Crestmead

Heathwood

Parkinson

Murarrie

Lytton

Northgate

Rocklea

Inala

Airport

Queenslandindustrial portfolio.

Industrial

Property

Portfolio

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Isuzu

WALE (years) 9.29

Book value

as at 31 Dec 2013

$21,500,000





Discount rate 9.50%

30 Flint Street, Inala, QLD

17 A high quality 15,000 square metre warehouse and offi ce facility located in Brisbane’s south within close proximity to the Ipswich Motorway.


Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Laminex

WALE (years) 10.67

Book value

as at 31 Dec 2013

$27,100,000





Discount rate 9.75%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants B & R Enclosures

WALE (years) 6.62

Book value

as at 31 Dec 2013

$21,000,000





Discount rate 9.75%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants National Foods

WALE (years) 2.35

Book value

as at 31 Dec 2013

$20,350,000





Discount rate 9.75%

286 Queensport Road, Murarrie, QLD51 Stradbroke Street, Heathwood, QLD 5-7 Trade Street, Lytton, QLD

19 Murarrie is located approximately 10 kilometres east of the Brisbane CBD and adjoins the Gateway Motorway. The property includes

a detached two level offi ce building and high clearance warehouse and manufacturing facility.

16 Constructed in 2002 and extended in 2005, the building comprises a high clearance warehouse and production facility with associated offi ce

accommodation. Heathwood is situated approximately 30 kilometres south of the Brisbane CBD with immediate access to the Logan Motorway and within close proximity to the Century Highway.

18 This manufacturing facility includes a single level offi ce and high clearance warehouse. Lytton is an established portside industrial precinct located

approximately 18 kilometres north of the Brisbane CBD and 6 kilometres east of the Gateway Motorway.

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Amcor

WALE (years) 9.50

Book value

as at 31 Dec 2013

$19,500,000






Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Coles

WALE (years) 18.49

Book value

as at 31 Dec 2013

$176,600,000





Discount rate 9.50%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Holman Fresh, Lindsay Brothers

WALE (years) 2.32

Book value

as at 31 Dec 2013

$15,750,000






99 Shettleston Street, Rocklea, QLD63-99 Sandstone Place, Parkinson, QLD 44 Cambridge Street, Rocklea, QLD

21 Originally completed in 2008 the facility was expanded in 2012. With a total area of ~54,000 square metres the facility comprises a large

refrigerated warehouse and distribution centre together with a two storey offi ce. The property is positioned within close proximity to major transport networks including the Mount Lindesay Highway and the Logan and Ipswich Motorways.

22 Rocklea is situated approximately 10 kilometres from the Brisbane CBD. The property comprises a modern warehouse and distribution facility

capable of being occupied as a single facility or divided into

two tenancies.

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Heinz

WALE (years) 5.96

Book value

as at 31 Dec 2013

$47,600,000





Discount rate 9.75%

350 Earnshaw Road, Northgate, QLD

20 This property includes a two level offi ce and high clearance warehouse. Northgate is an established industrial precinct located approximately 12

kilometres north of the Brisbane CBD and two kilometres west of Brisbane Airport. It is ideally located to take advantage of the Gateway Motorway.

23The property has immediate access to the Ipswich Motorway and is within close proximity to the Pacifi c Motorway. The property consists of a

large high clearance warehouse and distribution facility with a single level offi ce.

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Sector Industrial

Ownership 100%



Occupancy 84%

Major tenants Herbalife, Ericsson, Australia Post

WALE (years) 1.77

Book value

as at 31 Dec 2013

$7,600,000






Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Thermo Gamma Metrics

WALE (years) 4.04

Book value

as at 31 Dec 2013

$8,800,000






5 Butler Boulevard, Adelaide Airport, SA 18-20 Butler Boulevard, Adelaide Airport, SA

24 Located within the north western corner of Adelaide Airport, approximately 7 kilometres west of the Adelaide CBD, the building is confi gured as

four various sized industrial units with associated offi ces.25

Completed in 2008, the property comprises an offi ce and warehouse facility located within Adelaide Airport.


at each locationAdelaide Airport

5 Butler Boulevard

18-20 Butler Boulevard

20-22 Butler Boulevard

Outer Harbor

Lot 102 Coghlan Road

Airport

Airport

Adelaide CBD

Adelaide Airport

Outer Harbor

M1 MOTORWAY

M2

MOT

ORW

AY

ANZAC HWY

PORT RD

PORT

WAK

EFIE

LD R

D

MAI

N NO

RTH

RD

South Australiaindustrial portfolio.

Industrial

Property

Portfolio

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Agility, TNT

WALE (years) 6.19

Book value

as at 31 Dec 2013

$10,300,000






Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Treasury Wine Estates

WALE (years) 0.26

Book value

as at 31 Dec 2013

$7,000,000






20-22 Butler Boulevard, Adelaide Airport, SA Lot 102 Coghlan Road, Outer Harbor, SA

26 An offi ce and warehouse facility located in the

industrial estate of Burbridge Business Park.

Adelaide Airport is located approximately

7 kilometres west of the Adelaide CBD.

27 Completed in 2001, the property consists

of an offi ce and temperature controlled

warehouse facility. The site has access to

rail and road transport and is located approximately

20 kilometres from the CBD.

29

Industrial Property

63-99 Sandstone Place

Parkinson, QLD

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Zinfra Group

WALE (years) 4.27

Book value

as at 31 Dec 2013

$25,100,000





Discount rate 9.50%

610 Heatherton Road, Clayton South, VIC

28 The property comprises a modern warehouse facility and a freestanding two level offi ce. This site is located within close proximity to the

Monash Freeway.


at each location

MONASH FWY

EASTERN FWY

MELTON HWY

BURWOOD HWY

MAROONDAH HWY

PRINCES FWY PRINCES HWY

NEPEAN HWY

EAST LIN

K

HU

ME H

WY

HUME FW

Y

WESTERN FWYDEER PARK

BYPASS

CALDER FWY

Dandenong

Melbourne CBD

Airport

Tullamarine

Dandenong South

Port Melbourne

Derrimut

Keysborough

Epping

Clayton South

Victoriaindustrial portfolio.

Industrial

Property

Portfolio

31 Dec 2013

Clayton South

610 Heatherton Road

Derrimut

468 Boundary Road

1 & 15 Sunline Drive

1 West Park Drive

64 West Park Drive

Dandenong South

22-28 Bam Wine Court

Cnr Greens Road &

South Park Drive

21-33 South Park Drive




Epping

23 Scanlon Drive

Keysborough

144-146 Atlantic Drive

49-71 Pacifi c Drive

Lots 1 & 2 Atlantic Drive

Port Melbourne

2-46 Douglas Street

20 Thackray Road

Tullamarine

17-23 Jets Court

25-29 Jets Court

96-106 Link Road

28-32 Sky Road East

38-52 Sky Road East

115-121 South Centre Road

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants BAM Wines

WALE (years) 4.92

Book value

as at 31 Dec 2013

$18,400,000





Discount rate 9.50%

22-28 Bam Wine Court, Dandenong South, VIC

29The property is located within Australand’s South Park Industrial Estate which is a short distance from the Eastlink Interchange, the Monash

Freeway and Princes Highway. Developed in 2004, the site comprises a modern single level offi ce and temperature controlled warehouse. A 4,200 square metres extension was completed in the second half of 2011.

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants CEVA Logistics

WALE (years) 1.84

Book value

as at 31 Dec 2013

$9,300,000





Discount rate 9.75%

89-103 South Park Drive, Dandenong South, VIC

33 The property comprises a modern industrial facility including a warehouse and an attached single level offi ce building, fronting South Park

Drive. The property is loacted approximately 30 kilometres southeast of the Melbourne CBD.

32 Completed in 2004 the property includes a high quality warehouse facility with two level offi ce. The property is located within Australand’s South

Park Industrial Estate which is a short distance from the Eastlink Interchange, Monash Freeway and Princes Freeway.


Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Caprice Australia

WALE (years) 1.86

Book value

as at 31 Dec 2013

$18,400,000





Discount rate 9.75%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants L&L Products

WALE (years) 10.38

Book value

as at 31 Dec 2013

$13,000,000





Discount rate 9.75%

Sector Industrial

Ownership 100%



Occupancy 0%

Major tenants -

WALE (years) -

Book value

as at 31 Dec 2013

$11,250,000





Discount rate 9.50%

21-33 South Park Drive, Dandenong South, VIC 63-71 South Park Drive, Dandenong South, VIC10-32 South Park Drive,

Dandenong South, VIC

31 Located in close proximity to numerous arterial roads and transport networks, the property comprises a modern high quality warehouse

facility, two level offi ce and showroom completed in 2005.30

The site, located 32 kilometres southeast of the Melbourne CBD, comprises a modern high quality warehouse facility and associated offi ce

constructed in 2009.

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Chep

WALE (years) 1.61

Book value

as at 31 Dec 2013

$22,000,000






Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Arlec & Freight Specialists

WALE (years) 5.11

Book value

as at 31 Dec 2013

$24,700,000





Discount rate 9.50%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Gregorys

WALE (years) 2.75

Book value

as at 31 Dec 2013

$17,750,000





Discount rate 9.50%

468 Boundary Road, Derrimut, VIC 1-15 Sunline Drive, Derrimut, VIC98-126 South Park Drive, Dandenong South, VIC

35 The property, constructed in 2006, comprises a modern distribution facility incorporating a single level offi ce attached to a large warehouse.

Derrimut is located approximately 17 kilometres west of the CBD.

36 Completed in 2011 and located within Australand’s Westpark Industrial Estate, the property comprises two attached warehouses

each with internal offi ce accommodation.34

Completed in 2006, the property consists of a modern industrial offi ce and warehouse facility. The property is centrally located amidst

numerous arterial roads and transport networks.

Sector Industrial

Ownership 100%



Occupancy 69%

Major tenants Goodyear

WALE (years) 1.19

Book value

as at 31 Dec 2013

$8,200,000





Discount rate 9.75%

1 West Park Drive, Derrimut, VIC

37 The property consists of a high quality warehouse facility and a single level offi ce. The facility was constructed in 2008 and is located within close

proximity to the Western Ring Road.

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Sumitomo

WALE (years) 3.25

Book value

as at 31 Dec 2013

$12,900,000





Discount rate 9.50%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants CEVA Logistics (Australia)

WALE (years) 4.99

Book value

as at 31 Dec 2013

$19,000,000





Discount rate 9.75%

23 Scanlon Drive, Epping, VIC64 West Park Drive, Derrimut, VIC

39 The site is located approximately 18 kilometres north of the Melbourne CBD within close proximity to the Cooper Street and Hume

Highway Freeway Interchange. The property, constructed in 2006, includes a warehouse and an attached two storey

offi ce.

38 The property is located within Australand’s Westpark Industrial Estate approximately 17 kilometres from the Melbourne CBD and

comprises a high clearance modern warehouse and a single storey offi ce.

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants ESR Group Holdings, Tyres 4U

WALE (years) 5.61

Book value

as at 31 Dec 2013

$28,600,000





Discount rate 9.50%

144-166 Atlantic Drive, Keysborough, VIC

40 Located within Australand’s Key Industrial Estate, the property is positioned immediately adjacent to the Eastlink Tollway and is central to numerous

arterial roads and transport networks. Completed in 2011, the property comprises a two unit warehouse and offi ce facility.

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants TriMas Corporation

WALE (years) 7.96

Book value

as at 31 Dec 2013

$24,500,000





Discount rate 9.50%

41 The property, completed in 2011, comprises a large modern industrial warehouse and an attached two level offi ce building. The property is

located 32 kilometres southeast of the CBD.

49-71 Pacifi c Drive, Keysborough, VIC

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Bic, Linfox

WALE (years) 1.94

Book value

as at 31 Dec 2013

$28,600,000





Discount rate 9.50%

170 Atlantic Drive, Keysborough, VIC

42 The property comprises two warehouse and offi ce facilities under one roofl ine. The property is located within Australand’s Key Industrial Estate

and is targeting a 4 star Green Star rating.


Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Pearson Australia Group

WALE (years) 1.49

Book value

as at 31 Dec 2013

$14,700,000





Discount rate 9.50%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Smith Lewis, Eagle Lighting

WALE (years) 7.50

Book value

as at 31 Dec 2013

$7,300,000






20 Thackray Road, Port Melbourne, VIC 17-23 Jets Court, Tullamarine, VIC

44 Constructed in 2005, the property comprises a prime quality, high clearance warehouse and two level offi ce. 45

The property comprises two high quality warehouse and distribution facilities with associated offi ce accommodation, completed

in 2009. The site is located within the Melbourne Airport Business Park.

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Toll Holdings, Siemens

WALE (years) 3.58

Book value

as at 31 Dec 2013

$23,000,000






2-46 Douglas Street, Port Melbourne, VIC

43 The property comprises two freestanding, modern industrial facilities. The main tenancy consists of a two level offi ce attached to a

high clearance warehouse. Port Melbourne is located approximately fi ve kilometres from the CBD.

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Agility Logistics

WALE (years) 4.66

Book value

as at 31 Dec 2013

$8,000,000





Discount rate 9.50%

Sector Industrial

Ownership 100%



Occupancy 0%

Major tenants -

WALE (years) 0.00

Book value

as at 31 Dec 2013

$21,000,000






28-32 Sky Road East, Tullamarine, VIC 38-52 Sky Road East, Tullamarine, VIC

48 The property forms part of the Melbourne Airport Business Park and comprises a high quality warehouse distribution facility and a two level

offi ce constructed in 2008.49

The property comprises a 46,000 square metre prime quality warehouse and distribution facility with a single level offi ce. The site is located within

the Melbourne Airport Business Park.

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Boeing, CSR

WALE (years) 1.76

Book value

as at 31 Dec 2013

$11,400,000





Discount rate 9.50%

Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants DHL

WALE (years) 5.45

Book value

as at 31 Dec 2013

$26,400,000





Discount rate 9.75%

25-29 Jets Court, Tullamarine, VIC 96-106 Link Road, Tullamarine, VIC

46 The property is located approximately three kilometres northwest of the Airport Drive and Western Ring Road interchange and comprises a

modern industrial facility including two separate offi ces and warehouses.

47 The property comprises an extensive, purpose built industrial facility and occupies a site of approximately 50,000 square metres. The facility

includes a three level offi ce attached by a fi rst fl oor walkway to the warehouse.

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Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Electrolux, Centurion

WALE (years) 2.81

Book value

as at 31 Dec 2013

$23,800,000





Discount rate 9.75%

Hudswell Road, Perth Airport, WA

Western Australiaindustrial portfolio.

51 The property is located within the Perth Airport Business Precinct approximately 12 kilometres northeast of the Perth CBD. Completed in 2009,

the complex comprises of a modern offi ce warehouse

building of approximately 20,000 square metres.


Sector Industrial

Ownership 100%



Occupancy 100%

Major tenants Toll Holdings, Jetstream Café

WALE (years) 4.33

Book value

as at 31 Dec 2013

$6,000,000





Discount rate 9.50%

115-121 South Centre Road, Tullamarine, VIC

50 Tullamarine is located approximately 15 kilometres northwest of the Melbourne CBD. The property includes a modern industrial facility,

substantial two level offi ce and ground fl oor café.

43Industrial Portfolio December 2013 43

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Offi ce Property

357 Collins Street

Mebourne, VIC

I am:business.

Offi ce Overview December 2013

44 Australand Property Portfolio December 2013 45

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With 88% of offi ce income derived from ASX listed, multinational or government tenants, Australand’s offi ce portfolio is supported by strong tenant covenants.

Comprising 50% of Australand’s investment property assets the offi ce portfolio included 17 properties at 31 December 2013 with a total book value of $1.2 billion.

The offi ce portfolio, predominantly located in Melbourne and Sydney, has a total lettable area of 269,000 square metres and is 94% occupied with a weighted average lease expiry

of 4.8 years.

$1.2bn value

Office overview.

Address Suburb StateNLA


Gross average rent ($/square metre)

1 Tower A, 197-201 Coward Street Mascot NSW 12,700 59,000,000 2.47% 431

2 Tower B, 197-201 Coward Street Mascot NSW 10,253 39,000,000 1.63% 402

3 1B Homebush Bay Drive Rhodes NSW 12,799 64,200,000 2.69% 474

4 1D Homebush Bay Drive Rhodes NSW 17,238 92,500,000 3.87% 420

5 1F Homebush Bay Drive Rhodes NSW 17,664 86,432,800 3.62% 448

6 66 Goulburn Street Sydney NSW 23,185 63,000,000 2.64% 596

7 20 Lee Street,

Henry Deane Building

Sydney NSW 9,112 46,800,000 1.96% 438

8 26-30 Lee Street,

Gateway Building

Sydney NSW 12,601 75,400,000 3.16% 578

9 1E Homebush Bay Drive Rhodes NSW 1,053 6,000,000 0.25% N/A

10 97 School Street Spring Hill QLD 2,255 6,500,000 0.27% Vacant

11 138 Ferny Avenue Surfers Paradise QLD 2 Units 186,000 0.01% N/A

12 357 Collins Street Melbourne VIC 32,110 198,914,029 8.33% 525

13 690 Springvale Road &

350 Wellington Road

Mulgrave VIC 21,433 78,600,000 3.29% 285

14 658 Church Street Richmond VIC 8,049 35,250,000 1.48% 417

15 2 Southbank Boulevard Southbank VIC 54,922 204,100,000 8.55% 591

16 28 Southbank Boulevard Southbank VIC 33,993 119,600,000 5.01% 581

17 Freshwater Place, Public Car Park Southbank VIC N/A 15,300,000 0.64% N/A

TOTAL OFFICE PORTFOLIO 269,367 1,190,782,829 49.87%

Rent review structure2Geographic diversity1

VIC NSW QLD

55%44%

1%

88%

11%1%


FY18

FY17

FY16

Vacant

FY14 6%

20%7%

6%

FY19+ 44%

FY15 7%10%





Offi ce Overview December 2013 47

31 Dec 2013

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Offi ce Portfolio December 2013 4948 Australand Property Portfolio December 2013

Sector Offi ce

Ownership 100%

NLA (square metres) 12,700

No. car parking spaces 299


Occupancy 88%

Major tenants TNT, Qantas

WALE (years) 7.71

NABERS energy rating 4.50

Book value

as at 31 Dec 2013

$59,000,000





Discount rate 9.25%

Sector Offi ce

Ownership 100%




Occupancy 100%

Major tenants Qantas

WALE (years) 0.32


Book value

as at 31 Dec 2013

$39,000,000





Discount rate 9.25%

Tower A, 197-201 Coward Street, Mascot, NSW Tower B, 197-201 Coward Street, Mascot, NSW

1 Completed in 2003, Tower A consists of an eight level offi ce building including a ground fl oor café, located in close proximity to Mascot Railway Station and 400

metres north of Sydney’s Kingsford Smith Airport.

2 Completed in 2003, Tower B comprises of a ground fl oor and seven upper levels of offi ce accommodation. Tower B is attached to Tower A and is located on the

south eastern corner of Coward Street and Bourke Road.


at each locationMascot

Tower A, 197-201 Coward Street

Tower B, 197-201 Coward Street

Rhodes

1B Homebush Bay Drive

1D Homebush Bay Drive

1F Homebush Bay Drive

Homebush Bay Drive

Sydney

66 Goulburn Street

20 Lee Street, Henry Deane Building

26-30 Lee Street, Gateway Building

Rhodes

Mascot

Sydney

Sydney CBD

AirportM5 MOTORWAY

M4 MOTORWAY

M2 MOTORWAY

M7

MO

TORW

AY

Lease expiry profi le Lease expiry profi le

Offi ce

Property

Portfolio

31 Dec 2013New South Walesoffice portfolio.

FY18

FY17

FY16

Vacant

17%FY19+ 71%

FY15

FY14

FY18

FY19+

FY17

FY16

FY15

Vacant

FY14 100%

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1D Homebush Bay Drive, Rhodes, NSW 66 Goulburn Street, Sydney, NSW1F Homebush Bay Drive, Rhodes, NSW1B Homebush Bay Drive, Rhodes, NSW

4 The property comprises a commercial offi ce building with fi ve levels of offi ce accommodation featuring expansive views of Canada Bay and the Sydney

CBD. The building was constructed in 2003 and forms part of Australand’s Rhodes Corporate Park development which

features a café, childcare centre, gymnasium and pool.

6 Constructed in 2004, the property comprises a 24 level offi ce tower with ground fl oor retail above the 6 level Masonic Centre in Goulburn Street. The property

enjoys a prominent location on the corner of Goulburn and Castlereagh Streets in Sydney’s CBD.

5 Building F, completed in 2013 comprises over 17,000 square metres of A grade offi ce accommodation. This building has been rated a 5 star Green Star and has

been designed to achieve a 5.0 star NABERS rating.3

Constructed in 2003, the property is located within Australand’s Rhodes Corporate Park development. The building features six levels of offi ce

accommodation and a café on the ground level. The precinct is located approximately 14 kilometres west of the Sydney CBD and enjoys excellent rail, road and retail access.

Lease expiry profi le Lease expiry profi le Lease expiry profi leLease expiry profi le

Sector Offi ce

Ownership 100%




Occupancy 100%

Major tenants Nestle

WALE (years) 9.86


Book value

as at 31 Dec 2013

$92,500,000





Discount rate 9.75%

Sector Offi ce

Ownership 50%




Occupancy 100%

Major tenants Commonwealth Government, Bauer Media, Body Corporate Services, William Buck

WALE (years) 2.42


Book value

as at 31 Dec 2013

$63,000,000





Discount rate 9.50%

Sector Offi ce

Ownership 100%




Occupancy 68%

Major tenants Citibank, Hewlett Packard, Rawson Homes

WALE (years) 3.72


Book value

as at 31 Dec 2013

$86,432,800


Independent valuation $91,500,000 (assumes 100% leased)



Discount rate 9.50%

Sector Offi ce

Ownership 100%




Occupancy 100%

Major tenants Nestle, National Australia Bank

WALE (years) 5.91


Book value

as at 31 Dec 2013

$64,200,000





Discount rate 9.50%

FY18

FY17

FY16

Vacant

FY19+ 100%

FY15

FY14

FY17

FY18

FY16

Vacant

2H14

33%

FY19+ 67%

FY15

FY17

FY19+

FY16

FY15

FY18

Vacant

11%

2%

64%

23%FY14

FY18

FY17

FY15

FY14

Vacant

1%

FY16 7%

30%FY19+ 62%

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52 Australand Property Portfolio December 2013 Offi ce Portfolio December 2013 53

26-30 Lee Street, Gateway Building, Sydney, NSW 1E Homebush Bay Drive, Rhodes, NSW

8 The Gateway Building is an eight storey building with a terrace area on level seven. The building forms part of the Henry Deane Railway Square Precinct. 9

The property comprises the common facilities for

Australand’s Rhodes Corporate Park development

including a café, childcare centre, car wash, gym,

pool and common parking areas. Rhodes Corporate Park

is located approximately 14 kilometres west of the Sydney

CBD.

Lease expiry profi le

Sector Offi ce

Ownership 100%




Occupancy 100%

Major tenants Commonwealth Government

WALE (years) 3.34


Book value

as at 31 Dec 2013

$75,400,000





Discount rate 9.25%

Sector Offi ce

Ownership 100%




Occupancy 100%

Major tenants All About Children, AGN Holdings, Hiso Car Care

WALE (years) 12.57

NABERS energy rating N/A

Book value

as at 31 Dec 2013

$6,000,000





Discount rate N/A

FY16

FY18

FY15

FY14

Vacant

100%

FY19+ <1%

FY17

20 Lee Street, Henry Deane Building, Sydney, NSW

7 The Henry Dean Building is an eight storey commercial offi ce building completed in late 2001. The building forms part of the Henry Deane Railway Square

Precinct.


Sector Offi ce

Ownership 100%




Occupancy 100%

Major tenants State Government of NSW

WALE (years) 2.92


Book value

as at 31 Dec 2013

$46,800,000





Discount rate 9.25%

FY18

FY17

Vacant

FY19+

FY15

FY14

100%FY16

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Offi ce Property

28 Southbank Boulevard

Southbank, VIC


Offi ce

Property

Portfolio

31 Dec 2013Queenslandoffice portfolio.

138 Ferny Avenue, Surfers Paradise, QLD

Sector Offi ce (Other)

Ownership 100%

NLA (square metres) 2 Units

No. car parking spaces -


Occupancy 100%

Major tenants TOUR AUST Hotels

WALE (years) N/A


Book value

as at 31 Dec 2013

$186,000


Independent valuation $220,000


Capitalisation rate N/A

Discount rate N/A

Sector Offi ce

Ownership 100%




Occupancy 0%

Major tenants -

WALE (years) -


Book value

as at 31 Dec 2013

$6,500,000






10 Spring Hill is a popular inner city location, situated one kilometre north of the Brisbane CBD. The property comprises a two level offi ce building with

basement parking.11

Comprises two units within a two tower hotel

apartment building.

97 School Street, Spring Hill, QLD

55

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690 Springvale Road & 350 Wellington Road,

Mulgrave, VIC

13 This suburban offi ce complex was developed in 2002 and is located approximately 20 kilometres southeast of the Melbourne CBD within an

established business precinct. With two street frontages and abundant onsite parking, the complex provides excellent

access to Melbourne’s transport networks.


at each locationMelbourne

357 Collins Street

Mulgrave

690 Springvale Road &

350 Wellington Road

Richmond

658 Church Street

Southbank



Freshwater Place, Public

Car Park

MONASH FWY

EASTERN FWY

MELTON HWY

BURWOOD HWY

MAROONDAH HWY

PRINCES FWY PRINCES HWY

NEPEAN HWY

EAST LIN

K

HU

ME H

WY

HUME FW

Y

WESTERN FWYDEER PARK

BYPASS

CALDER FWY

Dandenong

Melbourne

CBD

Airport

Mulgrave

Richmond

Melbourne

Southbank

Victoriaoffice portfolio.

Offi ce

Property

Portfolio

31 Dec 2013


Sector Offi ce

Ownership 100%




Occupancy 100%

Major tenants Kmart, Coles, Toll Holdings

WALE (years) 3.97


Book value

as at 31 Dec 2013

$78,600,000





Discount rate 9.50%

FY18

FY16

FY15

FY14

Vacant

FY19+ 14%14%

FY17 72%

357 Collins Street, Melbourne, VIC

12 Located in the heart of Collins Street fi nancial district in Melbourne’s CBD the asset comprises over 30,000 square metres of A-Grade offi ce

accomodation and retail amenity. Completed in 2012 the building has been designed to achieve a 4 star Green Star rating and a 5.0 star NABERS rating.


Sector Offi ce

Ownership 100%




Occupancy 84%

Major tenants Commonwealth Bank, Service Stream

WALE (years) 6.26


Book value

as at 31 Dec 2013

$198,914,029





Discount rate 8.85%

FY17

FY16

FY14

16%

FY19+ 69%

FY18+ 15%

FY15

Vacant

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58 Australand Property Portfolio December 2013 Offi ce Portfolio December 2013 59

2 Southbank Boulevard, Southbank, VIC

15 This landmark A grade offi ce tower with premium grade services is located within the Freshwater Place precinct which includes retail, food and

amenity. The building has achieved a 4 star Green Star rating and a 4.5 star NABERS rating.


Sector Offi ce

Ownership 50%




Occupancy 100%

Major tenants Pricewaterhouse Coopers, SPI Electricity, Microsoft, HJ Heinz, Vanguard

WALE (years) 3.36


Book value

as at 31 Dec 2013

$204,100,000





Discount rate 9.00%

FY17

FY16

Vacant

FY14

FY18+ 2%FY19+ 20%

44%

32%2%

FY15

658 Church Street, Richmond, VIC

14 Completed in 2000, the building comprises three levels of offi ce accommodation. The property is situated within an established business park

area which is recognised as one of Melbourne’s premier suburban offi ce precincts with close proximity to Melbourne CBD and public transport.


Sector Offi ce

Ownership 100%




Occupancy 100%

Major tenants Pacifi c Brands, Country Road, Commonwealth Government, Smart Group

WALE (years) 3.40


Book value

as at 31 Dec 2013

$35,250,000





Discount rate 9.25%

FY17

FY16

FY15

Vacant

FY14

2%30%

14%FY18+

18%FY19+

36%

16 This A grade offi ce tower, developed in 2008, is located adjacent to the Melbourne CBD. The development has direct access to Flinders Street

station, trams and the Melbourne Freeway network. This building has achieved a 4 star Green Star rating and a 5.0 star NABERS rating.


Sector Offi ce

Ownership 50%




Occupancy 100%

Major tenants Minmetals, CPA Australia, Parsons Brinckerhoff, Publicis Group, Nexus Energy

WALE (years) 5.16


Book value

as at 31 Dec 2013

$119,600,000





Discount rate 8.75%

FY17

FY16

FY15

Vacant

3%17%

FY18+ 5%FY19+ 75%

FY14

Sector Offi ce

Ownership 100%

NLA (square metres) N/A



Occupancy 100%

Major tenants Australand Car Park Operations

WALE (years) 6.43


Book value

as at 31 Dec 2013

$15,300,000





Discount rate N/A

Freshwater Place, Public Car Park, Southbank, VIC

17 This basement level facility was constructed

in 2005 and is situated directly beneath the

Freshwater Place precinct adjacent to the Yarra

River and Melbourne CBD. The car park has 267 public

car parking spaces with direct access to the Melbourne

Freeway network.

28 Southbank Boulevard, Southbank, VIC

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Contact

Australand Head Offi ce

Level 3, 1C Homebush Bay Drive

Rhodes NSW 2138

P +61 2 9767 2000

For further information please contact:

Robert Wallace

General Manager, Investment Property

P +61 3 9426 1000

Narelle Checchin

Investor Relations Manager

P +61 2 9767 2000

Contact.Industrial Property

170 Atlantic Drive

Keysborough, VIC

6160

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australand.com.au

Property Portfolio.

31 December 2013

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Documents

Property Portfolio. For personal use only · 26 20-22 Butler Boulevard Adelaide Airport SA 11,197 10,300,000 0.43% 27 Lot 102 Coghlan Road Outer Harbor SA 6,626 7,000,000 0.29% 28