88 Brandl Street, BTP

The property comprises two levels of office accommodation with car parking for 86 vehicles. The building was constructed in 2011 and has an NLA of approximately 2,915 sqm. Major tenants include Saleslink, Bega, Idea 11 and City Finance.

Summary1
Ownership interest 100%
Title Freehold
Book Value $14,939,000
Independent valuation metrics
Valuer Urbis
Valuation date 31 August 2017
Capitalisation rate 7.75%
Property statistics1
NLA (sqm) 3,006
Site area (sqm) 3,233
Occupancy (by area) 66%
WALE (years, by area) 1.7
Completion date April 2011
Age (years) 7
  1. As at 30 June 2018.