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Location
The property is located in Brisbane's prestigious Urban Renewal precinct and features 360-degree river and city views. It is proximate to Brisbane CBD in the upscale Gasworks development, within Newstead Riverpark. The building has access to restaurants, cafes, shops and a supermarket as well as parklands, river walkways and bike paths.
Description
Built in 2014, this modern 12-level A-Grade office building features office accommodation with high-quality fit out, ground floor foyer and retail amenities, as well as extensive end-of-trip facilities and basement parking.
Amenities
End of trip
Parking
Nearby transport
Sustainability ratings
6.0
NABERS Energy rating
4.5
NABERS Water rating
Asset summary
as at 30 June 2022
Title
Freehold
Site area
5,157 sqm
Lettable area
24,665 sqm
Occupancy
100 %
WALE (by income)
4.6 years
Major tenant
Bank of Queensland
Valuation summary
Book value
$ 242.5 m
Valuation date
30-Jun-22
Cap rate
5.75 %
Discount rate
6.00 %
Location
The property is located in Brisbane's prestigious Urban Renewal precinct and features 360-degree river and city views. It is proximate to Brisbane CBD in the upscale Gasworks development, within Newstead Riverpark. The building has access to restaurants, cafes, shops and a supermarket as well as parklands, river walkways and bike paths.
Description
Built in 2014, this modern 12-level A-Grade office building features office accommodation with high-quality fit out, ground floor foyer and retail amenities, as well as extensive end-of-trip facilities and basement parking.