60 Fulcrum Street, Richlands
Key Property Information
60 Fulcrum Street is an office/warehouse distribution facility which was completed in 1996 and is leased to Toyota Materials.
This property forms part of the Richlands Industrial Estate and is 2km to the west of 509 Boundary Road, another of Stockland’s industrial investments in Brisbane.
Key Information
| Location: | South Brisbane, QLD |
| Acquisition Date: | June 2003 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | December 2007 |
| Valuation ($/m2): | $10.7 million ($1,364/m²) |
| Capitalisation Rate: | 7.25% |
| Discount Rate: | 8.75% |
| Lettable Area: | 7,847m² |
| Site Area: | 2.2 hectare |
