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Sustainability ratings
5.5 stars
NABERS Energy
5.5 stars
NABERS Indoor Environment
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. During 2022, a c.65kW rooftop solar PV array was installed. The property has been progressivley refurbished over the past three years with upgrades to tenancy lift lobbies and spec fitouts across several floors.

Amenities
End of trip
Parking
Nearby transport

This asset is wholly owned by Growthpoint Properties Australia.

Asset summary
as at 31 December 2025
Title
Freehold
Site area
2,519 sqm
Lettable area
16,498 sqm
Occupancy
89 %
WALE (by income)
2.1 years
Major tenant
Optus
Valuation summary
Book value
$ 122.0 m
Cap rate
7.88 %
Discount rate
8.00 %
Contact us
Andrew Kirsch photo
Andrew Kirsch
Senior Asset Manager
+61 422 501 451
David Wood photo
David Wood
Portfolio Manager - Office
+61 411 895 515
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. During 2022, a c.65kW rooftop solar PV array was installed. The property has been progressivley refurbished over the past three years with upgrades to tenancy lift lobbies and spec fitouts across several floors.