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Location
The property is located within the Fortitude Valley Gateway Precinct, proximate to Brisbane CBD, Brisbane's RNA Showgrounds, Emporium Brisbane and the Royal Brisbane and Women's Hospital. This location is well serviced by public transport and provides access to an abundance of amenities.
Description
This A-Grade office building was completed 2013 and includes ground floor foyer, retail accommodation, 11 levels of office accommodation and three levels of basement car parking.
Amenities
End of trip
Parking
Nearby transport
Sustainability ratings
5.5
NABERS Energy rating
4.0
NABERS Water rating
Asset summary
as at 31 December 2023
Title
Freehold
Site area
2,519 sqm
Lettable area
16,523 sqm
Occupancy
81 %
WALE (by income)
3.1 years
Major tenant
Optus
Valuation summary
Book value
$ 122.5 m
Cap rate
7.00 %
Discount rate
7.50 %
Location
The property is located within the Fortitude Valley Gateway Precinct, proximate to Brisbane CBD, Brisbane's RNA Showgrounds, Emporium Brisbane and the Royal Brisbane and Women's Hospital. This location is well serviced by public transport and provides access to an abundance of amenities.
Description
This A-Grade office building was completed 2013 and includes ground floor foyer, retail accommodation, 11 levels of office accommodation and three levels of basement car parking.