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 ($m)31.8
  • Independent valuation dateDecember 2024
  • Independent valuation at ownership ($m)31.8
  • Market cap rate (%)7.21
  • Leased by area (%)100
  • Weighted lease term by income (years)5.2

  • NABERS Energy rating (with Green Power)5.5 (8 Clunies) 2.0 (9 McKechnie)
  • NABERS Energy rating (without Green Power)5.5 (8 Clunies) 2.0 (9 McKechnie)
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