88 Jephson Street and 27-29 High Street, Toowong
Key Property Information
80-88 Jephson, 23 &27-29 High Street are located in the heart of Toowong’s commercial precinct.
80-88 Jephson Street includes 6,388m² of accommodation over five levels and adjoins Stockland’s Woolworths Toowong property.
23 & 27-29 High Street offer 1,504m² of retail and office accomodation over two levels and are held as part of the Toowong development site which offers medium term mixed use development potential.
Key Information
| Location: | Toowong, QLD |
| Acquisition Date: | June 2006/July 2006/January 2008 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | June 2007/June 2008/December 2007 |
| Valuation ($/m2): | $35.9 million ($4,559/m²) (Includes 27-29 High Street) |
| Capitalisation Rate: | 6.00% - 7.50% |
| Discount Rate: | 9.00% |
| Net Lettable Area: | 7,875m² |
| Car Parking Spaces: | 117 |
