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)8.5
  • Lettable area adjusted for ownership ('000sqm)8.5
  • Car parking spaces320
  • OwnerDXI
  • Ownership (%)100
  • Major tenantInteractive Pty Ltd
  • Acquisition dateDecember 2013
  • Book value at ownership ($m)50.8
  • Independent valuation dateDecember 2024
  • Independent valuation at ownership ($m)50.8
  • Market cap rate (%)7.25
  • Leased by area (%)97
  • Weighted lease term by income (years)2.6

  • NABERS Energy rating (with Green Power)5.0 (7 Clunies), 5.0 (17-19 McKechnie)
  • NABERS Energy rating (without Green Power)5.0 (7 Clunies), 5.0 (17-19 McKechnie)
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