John Oxley Centre,
339 Coronation Drive, Milton, QLD
DESCRIPTION
A campus style commercial office building with five levels of office accommodation and two levels of basement parking. Large floor plates across the two towers connect to provide approximately 2,700 sqm floor plates. Constructed in 1989, the building is well located on Coronation Drive with views across the Brisbane River to the CBD.
SUMMARY INFORMATION | |
GRADE | B Grade |
OWNERSHIP | 100% MPT |
NLA | 13,172 sqm |
CARSPACES | 319 |
ACQUISITION DATE | May 02 |
LAST EXTERNAL VALUATION DATE | 31 Mar 11 |
VALUATION AT 31 DEC 11 | $53.3m |
VALUER | DIRECTORS VALUATION |
CAPITALISATION RATE | 9.00% |
DISCOUNT RATE | 10.00% |
GROSS OFFICE RENT | $407/sqm |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
ORIGIN ENERGY | 8,492 | Jun 18 |
LEASE EXPIRY PROFILE % AREA | |
![Lease Expiry Profile](images/lep/lep_off_339-coronation.jpg)