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Location

The property is located in South Brisbane within the award winning SW1 business precinct, approximately two kilometres south of the Brisbane CBD. It is close to bus, water ferry services and local amenities, such as cafes and parks, all of which are within walking distance.

Description

The property was built in 2008 and comprises eight levels of A-Grade office accommodation including ground-level foyer and retail space and two levels of basement car parking.

Amenities
End of trip
Parking
Nearby transport
Cafe
Sustainability ratings
5.5
NABERS Energy rating
Asset summary
as at 31 December 2019
Title
999 year leasehold interest
Site area
2,667 sqm
Lettable area
10,003 sqm
Occupancy
100 %
WALE (by income)
6.2 years
Major tenant
Jacobs Group
NABERS Energy rating
5.5 stars
Valuation summary
Book value
$ 94.5 m
Valuation date
31-Dec-19
Cap rate
5.63 %
Discount rate
6.75 %