Garden Square Office Park, Mt Gravatt
Key Property Information
Garden Square occupies a high profile location in the regional business district of Upper Mt Gravatt, approximately 11km south of Brisbane’s CBD.
Garden Square is a good quality commercial office park comprising three buildings offering a total of seven levels of office accommodation and on-site parking for 257 vehicles.
A DA has been lodged for the development of an additional 20,715m² of office space on the adjoining car park.
Key Information
| Location: | Upper Mount Gravatt, QLD |
| Acquisition Date: | February 2007 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | February 2007 |
| Valuation ($/m2): | $57.0 million ($4,495/m²) |
| Capitalisation Rate: | 7.50% |
| Discount Rate: | 9.25% |
| Net Lettable Area: | 12,681m² |
| Car Parking Spaces: | 257 |
