Waterfront Place, Brisbane
Waterfront Place is a 36 level premium grade office building. Located on Eagle Street and fronting the Brisbane River, Waterfront Place is one of Brisbane's prime commercial locations providing panoramic river and Brisbane views from all commercial levels.
Completed in 1990, Waterfront Place is one of the most highly specified buildings in Australia 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.
Waterfront Place is the sole property in Stockland Direct Office Trust No. 1. Find out more
| Location: | 1 Eagle Street, Brisbane |
|---|---|
| Acquisition Date: | November 2004 (by fund) |
| Ownership/Title: | 50% / Freehold and Leasehold |
| Independent Valuation: | 31 December 2009 |
| Valuation ($/m2): | $217.5 million ($7,379/m²) |
| Capitalisation Rate: | 7.50% |
| Discount Rate: | 9.25% |
| Net Lettable Area: | 58,948m² |
| Car Parking Spaces: | 498 |
Stockland Capital Partners Limited (ABN 86 078 081 722, AFS Licence No 241188) is the Responsible Entity of Stockland Direct Office Trust No.1 (ARSN 110 688 009), Stockland Direct Office Trust No.2 (ARSN 115 017 466), Stockland Direct Office Trust No.3 (ARSN 124 439 925) stapled to Stockland Holding Trust No.2 (ARSN 132 129 134), and Stockland Direct Retail Trust No.1 (ARSN 121 832 086) and the Fund Manager of Stockland Residential Estates Equity Fund No.1.