| Address/Location |
: |
30 Pitt Street, Sydney, New South Wales. |
| Property description |
: |
33-storey hotel building with central atrium
comprising 595 rooms including 3 levels of
basement with car parking bays. |
| Property type |
: |
Hotel |
| Age |
: |
Approximately 33 years |
| Title details |
: |
Lot 1 in Deposited Plan 804285 in the Local Government
Area of Sydney, Parish of St James and County of Cumberland. |
| Encumbrances/Limitation in title/ interest |
: |
The property is charged to secure financing and there is
no restriction attached to the title. |
| Status of holdings |
: |
Freehold |
| Existing use |
: |
Commercial building |
| Parking spaces |
: |
Approximately 45 bays |
| Average occupancy rate |
: |
39.05% |
| Date of acquisition |
: |
29 November 2012 |
| Cost of acquisition(including incidentals) |
: |
AUD264,618,000 |
| Fair value adjustments for the financial year |
: |
AUD43,133,000 or RM132,245,000 |
| Market value |
: |
AUD504,000,000 |
| Date of last valuation |
: |
31 May 2023 |
| Independent valuer |
: |
CIVAS (NSW) Pty Limited |
| Net book value |
: |
RM1,559,048,000 |
