Located at 95 Grenfell Street in Adelaide’s CBD, the A-grade, 11-storey Chesser House was added to Cromwell Direct Property Fund (Fund) in April 2022.
The building has a total net lettable area of 11,155 sqm with rental income underpinned by government and blue-chip tenants.
Chesser House has been the beneficiary of significant works which includes the implementation of new end-of-trip facilities, a ground floor lobby upgrade, refurbished lift lobbies and modernised lift cars. A new 93KW solar panel system has also been installed, which generates 17% of the total base building power. This is reflected in the building’s 5.0-Star NABERS Energy rating1.
Chesser House provides direct linkages to major transport routes and connectivity to Adelaide’s premier retail precinct, Rundle Mall. Pirie Street, which runs parallel to Grenfell Street, has also emerged as an activated food and beverage destination.
Chesser House is held in Cromwell Direct Property Fund. To gain exposure to Chesser House 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 13 December 2024.
- Occupancy figures as at 31 January 2024.