Tuesday, 7 February 2012

West Concord. Westpac building for sale

The National Stock Exchange-listed Australian Property Growth Fund (APGF) has listed the Westpac Concord campus, in Concord West, for sale with the expectations of around $55 million, according to The Australian Financial Review. The property has about 15,700 square metres of office space and 485 car parking spaces. The building houses back office and call centre staff. Westpac has a lease for a further 10 years plus two five-year options. APGF bought the complex for $60.75 million in 2007.



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