37 Brandl Street, Eight Mile Plains

Overview

Situated within Brisbane Technology Park (BTP), the building comprises two levels of office accommodation with car parking for 91 vehicles. The building was constructed in 2012 and has NLA of approximately 3,291 sqm. Major tenants include Silanna Group and Vela Software. The property has a 4.0 star NABERS Energy rating.

Asset Information

  • Asset typeBusiness Park
  • Year built2012
  • TitleFreehold
  • Asset locationBrisbane, South
  • ZoningSC1 Specialised Centre
  • Site area (hectares)0.4
  • Lettable area ('000sqm)3.2
  • Lettable area adjusted for ownership ('000sqm)3.2
  • Number of buildings1
  • Car parking spaces91
  • OwnerDXI
  • Ownership (%)100
  • Major tenantVela Software Group Pty Ltd
  • Book value at ownership ($m)14.3
  • Independent valuation dateJune 2023
  • Independent valuation at ownership ($m)14.3
  • Market cap rate (%)7.30
  • Leased by area (%)58
  • Weighted lease term by income (years)1.3

  • NABERS Energy rating (with Green Power)4.0
  • NABERS Energy rating (without Green Power)4.0
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