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80-88 Jephson Street

80-88 Jephson, 23 and 27-29 High Street are located in the heart of Toowong’s commercial district. 80-88 Jephson Street is a five-level office building that adjoins Stockland’s Woolworths Toowong. 23 and 27-29 High Street offer both retail and office accommodation over two levels and are held as part of the Toowong development site, which offers medium term mixed-use development potential.

Location: Toowong, Qld
Acquisition date:Jun 2006/Jul 2006/Jan 2008
Cost including additions:$44.1 million
Last Independent Valuation
Date:Jun 2018
Valuation:$23.7 million
Valuation $/m2:$3,005/m2
Capitalisation rate:6.50-8.00%
Discount rate:7.5-8.25%
Car parking spaces:125
New lettable area (m2):7,887 sqm
Weighted average lease expiry:1.9 years
NABERS energy rating:0.0*
NABERS water rating:4.0*
Green Star rating:N/A
Major TenantsNLA m2
Clinical Network Services704
Webb Australia Group QLD Pty Ltd603
Body Corporate Services384
Allsports Physiotherapy Toowong314
Auto and General Services Pty Ltd1,896
  • * 80-88 Jephson Street only