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 | |
|---|
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