## Car Park, 32 Cordelia Street & 52 Merivale Street  ![](https://growthpoint.com.au/sites/default/files/styles/banner_small/public/2020-04/parking-asset-placeholder-image-hero.jpg?itok=gQTpMdnG) # Car Park, 32 Cordelia Street & 52 Merivale Street South Brisbane, QLD [Back to property portfolio](/property) ![](https://growthpoint.com.au/sites/default/files/styles/property_gallery/public/2022-08/Carpark-South-Brisbane-entry.jpg?h=bfc7a354&itok=YIlyNclc) # ![](https://growthpoint.com.au/sites/default/files/styles/property_gallery/public/2022-08/Carpark-South-Brisbane-lower-level.jpg?h=bfc7a354&itok=hl4V2kO4) # Location The property is located in South Brisbane within the SW1 business precinct, approximately two kilometres south of the Brisbane CBD. It is close to bus, rail and ferry services and local amenities, such as cafes and parks, all of which are within walking distance. The Brisbane Convention Centre is on the adjacent block. Description This property is a two-level underground carpark facility beneath the SW1 business precinct, providing additional parking flexibility to Growthpoint's SW1 tenants. This asset is wholly owned by Growthpoint Properties Australia. Asset summary as at 30 June 2026 Sector Office Title Leasehold Site area 9,319 sqm Occupancy 100 % WALE (by income) 3.6 years Major tenant Secure Parking Car parking spaces 318 Valuation summary Book value $ 26.5 m Cap rate 6.25 % Discount rate 7.50 % Contact us ![Shaun Witherow photo](https://growthpoint.com.au/sites/default/files/styles/goz_our_team/public/2026-07/Shaun-Witherow-web.jpg?h=3da94e8f&itok=MOaKJGFA) Shaun Witherow Asset Manager +61 403 040 021 [ Contact via Email ](mailto:switherow@growthpoint.com.au) ![David Wood photo](https://growthpoint.com.au/sites/default/files/styles/goz_our_team/public/2024-06/David-Wood-funds-team.jpg?h=3da94e8f&itok=2SMra5yT) David Wood Portfolio Manager - Office +61 411 895 515 [ Contact via Email ](mailto:dwood@growthpoint.com.au) Location The property is located in South Brisbane within the SW1 business precinct, approximately two kilometres south of the Brisbane CBD. It is close to bus, rail and ferry services and local amenities, such as cafes and parks, all of which are within walking distance. The Brisbane Convention Centre is on the adjacent block. Description This property is a two-level underground carpark facility beneath the SW1 business precinct, providing additional parking flexibility to Growthpoint's SW1 tenants. ## -27.476842, 153.0167667 ![growthpoint logo](/themes/custom/growthpoint/gp-mini-logo.png)