Chesser House

Building type/sector: Office

Investor return:
Averaged 7.85% per annum from purchase until July 2018, plus strong capital growth.

Chesser House Case Study

Chesser House is a modern A-Grade office building well located in the core office precinct of the Adelaide CBD, at 95 Grenfell Street.  Constructed in 1990, the asset has undergone extensive upgrading in recent years including new lifts and air-conditioning as well as a major foyer and façade upgrade including ground floor café, in addition to a new End of Trip facility.

 

Offering 11 levels of office space with a combined lettable area of 11,000 sqm and on-site parking, Chesser House is leased to a mix of Government and private sector tenants.

91-97 Grenfell Street, Adelaide, SA

Building/Sector Type: Office

Acquisition Date: January 2009
Purchase Price: $34.5 million