7 Clunies Ross Court and 17-19 McKechnie Drive, Eight Mile Plains
Overview
Situated within Brisbane Technology Park (BTP), the property comprises of two buildings, constructed in 2007 and 2008, which have a combined NLA of approximately 8,409 sqm and parking for 320 vehicles. Major tenants include Interactive and Toshiba. The properties have 5.0 star NABERS Energy ratings.
Asset Information
- Asset typeBusiness Park
- Year built2007
- TitleFreehold
- Site area (hectares)1.0
- Lettable area ('000sqm)8.4
- Lettable area adjusted for ownership ('000sqm)8.4
- Car parking spaces320
- OwnerDXI
- Ownership (%)100
- Major tenantInteractive Pty Ltd
- Acquisition dateDecember 2013
- Book value at ownership ($m)50.6
- Independent valuation dateJune 2024
- Independent valuation at ownership ($m)50.6
- Market cap rate (%)7.25
- Leased by area (%)100
- Weighted lease term by income (years)3.0
- NABERS Energy rating (with Green Power)5.0 (7 Clunies) 4.5 (17-19 McKechnie)
- NABERS Energy rating (without Green Power)5.0 (7 Clunies), 4.5 (17-19 McKechnie)