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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

Built in 2009, this eight-level modern A-Grade office property comprises ground-floor retail and foyer, seven levels of premium office accommodation, plus two levels of basement car parking.

Amenities
End of trip
Parking
Nearby transport
Cafe
Sustainability ratings
5.0
NABERS Energy rating
Asset summary
as at 31 December 2019
Title
999 year leasehold interest
Site area
2,331 sqm
Lettable area
9,405 sqm
Occupancy
100 %
WALE (by income)
4.7 years
Major tenant
University of the Sunshine Coast
NABERS Energy rating
5.0 stars
Valuation summary
Book value
$ 87.5 m
Valuation date
31-Dec-19
Cap rate
5.75 %
Discount rate
6.75 %