340 Adelaide Street, Brisbane, QLD
DESCRIPTION
340 Adelaide Street is a modern 17 level office building with two levels of basement parking and is located in the heart of the Brisbane CBD. The building has undergone a refurbishment to increase the NABERS Energy rating to a targeted 4.5 stars.
SUMMARY INFORMATION | |
GRADE | A Grade |
OWNERSHIP | 100% MPT |
NLA | 13,248 sqm |
CARSPACES | 100 |
ACQUISITION DATE | Dec 09 |
LAST EXTERNAL VALUATION DATE | 31 Dec 10 |
VALUATION AT 31 DEC 11 | $59.7m |
VALUER | DIRECTORS VALUATION |
CAPITALISATION RATE | 9.00% |
DISCOUNT RATE | 10.00% |
GROSS OFFICE RENT | $551/sqm |
MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
XSTRATA COAL QUEENSLAND | 2,406 | Apr 14 |
AUSTRALIAN GOVERNMENT SOLICITOR | 1,724 | Mar 14 |
LEASE EXPIRY PROFILE % AREA | |