Located on a prominent corner of Queen Street and Creek Street Brisbane, the property comprises a basement car park, five retail units on ground level, three podium levels and 20 upper levels of office accommodation. The building was constructed in 1975 and refurbished in 2001.
| Ownership interest | 50% |
| Cap rate | 5.75% |
| Valuation date | June 2020 |
| Acquisition date | December 2016 |
| Site area | 1,821m2 |
| Net lettable area | 18,757m2 |
| Occupancy | 91% |
| NABERS rating (Energy) | 4.0 |
| NABERS rating (Water) | 4.0 |
| WALE by income | 4.27 |
| Rent review stucture | Fixed |
| Major tenants by income | Allianz, ANZ, Auswide |
| Parking spaces | 91 |
| Valuation range | $80-100 million |
-
Download a PDF of this property
- Download