37 Brandl Street, BTP

The property comprises a Special Purpose Centre classification allotment. The building comprises two levels of office accommodation with car parking for 90 vehicles. The building was constructed in 2012 and has NLA of approximately 3,329 sqm. Major tenants include Silanna Group, Bayer Crop Science and Markinson Software.

Summary1
Ownership interest 100%
Title Freehold
Book Value $14,999,000
Independent valuation metrics
Valuer Urbis
Valuation date 31 August 2017
Capitalisation rate 7.38%
Property statistics1
NLA (sqm) 3,329
Site area (sqm) 3,515
Occupancy (by area) 46%
WALE (years, by area) 1.2
Completion date June 2012
Age (years) 6
  1. As at 30 June 2018.