555 Coronation Drive, Brisbane, QLD
555 Coronation Drive, Brisbane is a prominent three storey office building featuring two and a half levels of basement parking for 175 vehicles. Constructed in 1990 and progressively refurbished over the last four and a half years, the building contains open floor plates of approximately 2,000 sqm with good natural light and river views. In late 2016, to further enhance to appeal of the property to prospective tenants, both the end of trip facilities and foyer were upgraded.
|NABERS energy rating||4 stars|
|Car park spaces||175|
|Net lettable area (by NLA)||5,591|
|Occupancy (by NLA)||87.1%|
|WALE (by income)||3.3 years|
|Major tenants (by gross income)|
|Chandler Macleod Services||23%|
|Most recent independent valuation||$33.1m|
|Valuation date||15 May 2016|
|Capitalisation rate (current)||8.0%|
Information accurate as at 30 June 2017 and provides a summary of key information in relation to the named property within the Centuria Industrial REIT portfolio. Information is in summary form only and investors should refer to the Fund’s published financial statements and other disclosures for further information and detail on the portfolio.