8 Exhibition Street, Melbourne

8 Exhibition Street is a Grade A commercial building located in the Eastern Core of Melbourne’s CBD. The freehold property offers a total net lettable area of approximately 485,000 sf across a 35-storey premium office tower and three adjacent retail units. The office tower offers tenants a panoramic view of various landmarks such as the Yarra River and the Royal Botanic Gardens. It is easily  accessible with many surrounding public transportation nodes and is within walking distance to both the Parliament and Flinders Street major railway stations.

The property is certified with a 4.5 Stars NABERS Energy Rating.


8 Exhibition Street, Melbourne 8 Exhibition Street, Melbourne 8 Exhibition Street, Melbourne
Key Statistics (as at 31 December 2023)
Location

8 Exhibition Street, Melbourne, Victoria 3000, Australia


Ownership Interest

50%1


Attributable NLA

244,600 sf | 22,724 sm


Title

Freehold


Committed Occupancy

99.1%


Acquisition Date

1 August 20132
12 October 20153


Valuation1,4

S$268.92 million | A$304.7 million


Number of Tenants

28


Number of Carpark Lots

-


FY 2023 Attributable NPI

S$12.8 million


1 Keppel REIT owns a 50% interest in the office building and a 100% interest in the three adjacent retail units.
2 Refers to Keppel REIT’s 50% interest in the office building.
3 Refers to Keppel REIT’s 100% interest in the three adjacent retail units.
4 Valuation as at 31 December 2023 based on Keppel REIT’s interest in the property and based on the exchange rate of A$1 = S$0.8825.