The June 2019 acquisition of Altitude Corporate Centre in Mascot provided unitholders in Cromwell Direct Property Fund (Fund) with exposure to one of Australia’s top performing commercial property markets.
Located at 163-175 O’Riordan Street, Mascot, Altitude Corporate Centre is an 11-storey, A-grade commercial office building comprising 1,345 sqm of net lettable area. Situated in one of Metropolitan Sydney’s strongest growth markets, the building offers views over Mascot and convenient access to transportation.
Refurbished shortly prior to acquisition, the building has a range of amenities, including end-of-trip facilities, an onsite cafe, and parking for up to 355 cars, as well as a 5.5-Star NABERS Energy rating1.
The building is leased to blue-chip and listed tenants, with Winc Australia (formerly Staples) and Electrolux both signed to long-term leases.
Altitude Corporate Centre is held in Cromwell Direct Property Fund. To gain exposure to Altitude Corporate Centre or for further information on the Fund, click here, call Cromwell’s Investor Services Team on 1300 268 078 or email firstname.lastname@example.org.
- Rating expiry 29 April 2024.
- Occupancy figures as at 30 November 2023.