Newcastle – 95 Pacific Highway Charelstown
This is a four-level office and medical retail building in a prominent location and in close proximity to the largest shopping centre in the Region – Charlestown Square. The latter provides a valuable amenity to the building and its tenants. Charlestown is situated in the heart of the Newcastle medical precinct and as such, 95 Pacific Highway was selected to build a facility for Allianz Australia’s national workers’ compensation call centre. It was constructed in 2009 and has one lift, sixty-two secure parking bays and a high-energy efficiency rating. In 2009 it was awarded the Commercial Building of the Year award (Landcom Lower Hunter)
Allianz Australia and PRP Diagnostic Imaging.
To maintain the high-quality tenant profile and take advantage of the strong growth expected in the area.
The Fund is expected to deliver an average annual distribution over the Fund Term in excess of 9.5%.