88 Brandl Street, Eight Mile Plains

Overview

Situated within Brisbane Technology Park (BTP), the property comprises two levels of office accommodation with car parking for 80 vehicles. The building was constructed in 2011 and has an NLA of approximately 2,891 sqm. Major tenants include Idea 11, Ironbark Software and M3Dicine. The property has a 5.5 star NABERS Energy rating.

Property Information

  • Building typeBusiness Park
  • Year built2011
  • TitleFreehold
  • Metro areaBrisbane, South
  • ZoningSC1 Specialised Centre (Major Education and Research Facility)
  • Site area (hectares)0.3
  • Lettable area ('000sqm)2.9
  • Lettable area adjusted for ownership ('000sqm)2.9
  • Number of buildings1
  • Car parking spaces80
  • OwnerDXI
  • Ownership (%)100
  • Major tenantIdea 11
  • Book value at ownership ($m)16.5
  • Independent valuation dateDecember 2021
  • Independent valuation at ownership ($m)16.5
  • Market cap rate (%)7.00
  • Leased by area (%)87
  • Weighted lease term by income (years)1.0

  • NABERS Energy rating (with Green Power)5.5
  • NABERS Energy rating (without Green Power)5.5
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