Waterfront Place Complex

1 Eagle Street, Brisbane

Overview

Waterfront Place is a commercial complex comprising three adjacent buildings including a landmark 37-level Premium office tower offering typical floor plates ranging from 1100-1700 square metres, alongside Naldham House.

Asset Information

  • Asset typePremium Grade - office
  • Year built1990
  • Asset locationBrisbane CBD
  • Site area (hectares)0.47
  • Lettable area ('000sqm)59.18
  • Lettable area adjusted for ownership ('000sqm)29.59
  • Typical floor area (sqm)1800
  • Car parking spaces475
  • OwnerDXS
  • Ownership (%)50
  • Co-ownerDWPF
  • Major tenantHopgoodganim Lawyers
  • Acquisition dateSeptember 2015
  • Book value at ownership ($m)364.2
  • Independent valuation dateDecember 2024
  • Independent valuation at ownership ($m)364.2
  • Market cap rate (%)6.48
  • 12 month rolling yield (%)5.77
  • Leased by area (%)94
  • Weighted lease term by income (years)3.6

  • NABERS Energy rating (with Green Power)5.5
  • NABERS Energy rating (without Green Power)5.5
  • NABERS Indoor Environment5.5
  • NABERS Waste4.0
  • NABERS Water rating4.5
  • Green Star rating6.0 Star (Performance v1.2)
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