340 Adelaide Street

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 
GRADEA Grade
OWNERSHIP100% MPT
NLA13,248 sqm
CARSPACES100
ACQUISITION DATEDec 09
LAST EXTERNAL VALUATION DATE31 Dec 10
VALUATION AT 31 DEC 11$59.7m
VALUERDIRECTORS VALUATION
CAPITALISATION RATE9.00%
DISCOUNT RATE10.00%
GROSS OFFICE RENT$551/sqm
MAJOR TENANTSNLA SQMLEASE EXPIRY
XSTRATA COAL QUEENSLAND2,406Apr 14
AUSTRALIAN GOVERNMENT SOLICITOR1,724Mar 14
LEASE EXPIRY PROFILE % AREA 
Lease Expiry Profile