8 Clunies Ross Court and 9 McKechnie Drive, Eight Mile Plains
Overview
Situated within Brisbane Technology Park (BTP), the property comprises of two office buildings constructed in 2008, which have a combined NLA of approximately 5,788 sqm with combined car parks of 187. 8 Clunies Ross Court has a 5.5 star NABERS Energy rating.
Asset Information
- Asset typeBusiness Park
- Year built2008
- TitleFreehold
- Site area (hectares)0.6
- Lettable area ('000sqm)5.6
- Lettable area adjusted for ownership ('000sqm)5.6
- Car parking spaces187
- OwnerDXI
- Ownership (%)100
- Major tenantConnect Office Services Pty Ltd
- Acquisition dateDecember 2013
- Book value at ownership ($m)30.2
- Independent valuation dateJune 2024
- Independent valuation at ownership ($m)30.2
- Market cap rate (%)7.22
- Leased by area (%)100
- Weighted lease term by income (years)5.6
- NABERS Energy rating (with Green Power)5.0 (8 Clunies) 2.0 (9 McKechnie)
- NABERS Energy rating (without Green Power)5.0 (8 Clunies) 2.0 (9 McKechnie)