189 Grey Street, Brisbane, QLD
DESCRIPTION
This 12 level complex was developed by Mirvac in 2005. The building features excellent natural light, large efficient floor plates of approximately 1,600 sqm and spectacular river and city views. The South Bank precinct provides the benefits of parklands, retail services and public transport.
| SUMMARY INFORMATION | |
|---|
| GRADE | A Grade |
| OWNERSHIP | 100% MPT |
| NLA | 12,728 sqm |
| CARSPACES | 146 |
| ACQUISITION DATE | Apr 04 |
| LAST EXTERNAL VALUATION DATE | 31 Dec 11 |
| VALUATION AT 31 DEC 11 | $73.0m |
| VALUER | JLL |
| CAPITALISATION RATE | 7.63% |
| DISCOUNT RATE | 9.25% |
| GROSS OFFICE RENT | $424/sqm |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| INSURANCE AUSTRALIA | 7,281 | Mar 15 |
| THIESS PTY LIMITED | 4,659 | Dec 20 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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