Waterfront Place, Brisbane
Key Property Information
Waterfront Place is a 36 level premium grade office building. Located on Eagle Street and fronting the Brisbane River, Waterfront Place is Brisbane’s prime commercial location providing panoramic river and Brisbane vistas from all commercial levels.
Completed in 1990, Waterfront Place includes a 494 space car park and is one of the most highly specified buildings from both an architectural and technical perspective.
The building’s foyer presents a grand entrance with extensive marble, granite and stainless steel. The building provides floor plates averaging 1,800m².
Key Information
| Location: | Brisbane CBD, QLD |
| Acquisition Date: | February 2004 |
| Ownership/Title: | 50%/Freehold/Leasehold |
| Independent Valuation: | June 2006 |
| Valuation ($/m2): | $285 million ($9,610/m² 100% interest) |
| Capitalisation Rate: | 6.50% |
| Discount Rate: | 8.75% |
| Net Lettable Area: | 59,311m² |
| Car Parking Spaces: | 494 |
