18 Brandl Street, Eight Mile Plains

Overview

Situated within Brisbane Technology Park (BTP), the property comprises two levels of office accommodation with a warehouse located at the rear of the building and completed in 2003. The property has open car parking for 94 vehicles. The NLA is approximately 4,180 sqm. Major tenants include Anteo Tech, Lumascape and Department of Transport and Main Roads. The property has a 4.5 star NABERS Energy rating.

Property Information

  • Building typeBusiness Park
  • Year built2003
  • TitleFreehold
  • Metro areaBrisbane, South
  • ZoningSC1 Specialised Centre (Major Education and Research Facility)
  • Site area (hectares)0.7
  • Lettable area ('000sqm)4.2
  • Lettable area adjusted for ownership ('000sqm)4.2
  • Number of buildings1
  • Car parking spaces94
  • OwnerDXI
  • Ownership (%)100
  • Major tenantDepartment of Main Roads and Transport
  • Book value at ownership ($m)15.2
  • Independent valuation dateDecember 2021
  • Independent valuation at ownership ($m)15.2
  • Market cap rate (%)7.00
  • Leased by area (%)86
  • Weighted lease term by income (years)2.5

  • NABERS Energy rating (without Green Power)NR
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