19 Corporate Drive, Cannon Hill, QLD
DESCRIPTION
This building benefits from its prime location in the Southgate Corporate Park, 7 km east of the Brisbane CBD. Constructed in 2007 with over 6,000 sqm of net lettable area and generous basement parking.
SUMMARY INFORMATION | |
GRADE | B Grade |
OWNERSHIP | 100% MPT |
NLA | 6,028 sqm |
CARSPACES | 147 |
ACQUISITION DATE | Aug 10 |
LAST EXTERNAL VALUATION DATE | 30 Jun 11 |
VALUATION AT 31 DEC 11 | $24.1m |
VALUER | DIRECTORS VALUATION |
CAPITALISATION RATE | 8.75% |
DISCOUNT RATE | 9.75% |
GROSS OFFICE RENT | $419/sqm |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
HONEYWELL | 2,548 | Jun 18 |
NBN CO. LIMITED | 1,870 | May 16 |
LEASE EXPIRY PROFILE % AREA | |
![Lease Expiry Profile](images/lep/lep_off_19-corporate.jpg)