1231 – 1241 Sandgate Road, Nundah

 Acquisition Price $106.2 m
  • Acquired in July 2017.
  • A modern A-Grade office building constructed in 2012 with 12,980sqm of NLA.
  • 4.5 star NABERS energy rating with minimal forecast capital expenditure required.
  • Acquired with a long WALE of 9.4 years (by income).
  • On acquisition, 81% of the Property’s gross income is underpinned by QLD State Government owned tenants.

Important information: Recent acquisitions detail information that was current at the time the property was acquired. Case studies are in summary form only and do not contain current valuation or performance information in relation to any of the properties noted.