18 Brandl Street, BTP

The property comprises two levels of office accommodation with a warehouse located at the rear of the building and completed in 2003. The property has open car parking for 94 vehicles. The NLA is approximately 4,174 sqm. Major tenants include Lumascape and Lend Lease

Summary1
Ownership interest 100%
Title Freehold
Book Value $12,709,000
Independent valuation metrics
Valuer Urbis
Valuation date 31 August 2017
Capitalisation rate 8.00%
Property statistics1
NLA (sqm) 4,174
Site area (sqm) 6,551
Occupancy (by area) 69%
WALE (years, by area) 1.8
Completion date December 2003
Age (years) 15
  1. As at 30 June 2018.