12 Creek Street is one of Brisbane’s most striking office towers on the doorstep of the city’s dining and entertainment precincts. The building has long standing appeal as a well-regarded location and address.

Known as Blue Tower, 12 Creek Street combines iconic design with a sense of space for a light filled, efficient work environment that contributes to productivity.

The building offers 32 levels of A-Grade office space with 1,010-1,088 square metres typical floor plates, sweeping views across the Brisbane River and CBD, ground floor retail outlets and parking for 293 cars.

As part of a Dexus commitment to sustainability, the building has upgraded services so tenants enjoy smooth high-speed lifts, digitally-monitored air-conditioning and increased energy efficiency.

12 Creek Street offers these exceptional services in the heart of Brisbane’s ‘Golden Triangle’ and in close proximity to restaurants, entertainment and transport links.

- Iconic design and blue-chip location

- Plenty of natural light

- Upgraded building services

  • NABERS Energy
    4.5 Star Energy Rating
  • NABERS Water
    4 Star Water Rating

Property Details

Building type
A Grade - office
Title
Freehold
Site area (hectares)
0.3
Lettable area ('000sqm)
31.6
Lettable area adjusted for ownership ('000sqm)
15.8
Typical floor area (sqm)
1,050
Number of buildings
2
Car parking spaces
293
NABERS Energy rating (with Green Power)
4.5
NABERS Energy rating (without Green Power)
4.5
NABERS Water rating
4.0
Year built
1984
Major tenant
BDO Services
Owner
DXS
Ownership (%)
50
Co-owner
Dexus Wholesale Property Fund

Property Statistics

Metro area
Brisbane CBD
Zoning
MPI - City Centre
Acquisition date
October 2012
Book value at ownership ($m)
173.0
Independent valuation date
December 2018
Independent valuation at ownership ($m)
173.0
Market cap rate (%)
5.76
Initial yield (%)
6.24
Leased by area (%)
95
Weighted lease term by income (years)
3.6