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 | |
|---|
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