Value Add Commercial Office Portfolio
Working on behalf of an investing partner, we have managed this core plus/value add portfolio of office buildings since 1994. In that time we have achieved an annual return of 19.6%, even allowing for the across the board valuation write downs as a result of the global credit crisis.
Our results are achieved by focusing on securing assets that are trading below their real value, then enhancing through a mix of improving operating income, refurbishment, repositioning and environmental upgrades we realise the assets value.
Currently this portfolio is predominantly located within the Brisbane CBD and Fringe.
| Location |
Northquarter, Brisbane |
| Lettable Area |
6,476m2 |
| Major Tenant |
Queensland Transport |
|
|
420 George Street, Brisbane
Property Description
Situated in Brisbane's North Quarter the property is a 14 storey commercial building comprising of ground and 13 upper office floors plus two basements. The property has secure, 24hrs car parking for 20 cars and 3 areas for storage. The building is located in the City West precinct of the Brisbane CBD and enjoys both river and city views.
|
| Location |
Northquarter, Brisbane |
| Lettable Area |
2,650m2 |
| Major Tenant |
Qld Gas Company |
|
|
30 Herschel Street, Brisbane
Property Description
Situated in Brisbane's North Quarter, the property is a six storey commercial office building including ground and mezzanine levels and car parking for 14 vehicles.
|
| Location |
Northquarter, Brisbane |
| Lettable Area |
3,400m2 |
| Major Tenant |
Fitness First Australia
Holmes College Qld |
|
|
205 North Quay, Brisbane
Property Description
Situated in Brisbane's North Quarter the property was originally the Brisbane watch house constructed in 1957. The property has since undergone extensive reconstruction and expansion into a three level commercial office building consisting of ground level, first and second level and basement parking for 14 vehicles.
|
| Location |
Spring Hill |
| Lettable Area |
6,000m2 |
| Major Tenant |
Logicamms |
|
|
433 Boundary Street, Brisbane
Property Description
The building offers modern office accommodation within 800 meters of the Brisbane GPO. The three story commercial office building provides large floor plates and two split levels of basement car parking for 132 vehicles as well as various storage areas.
|
| Location |
Spring Hill |
| Lettable Area |
2,900m2 |
| Major Tenant |
Queensland Transport
Smart Licence |
|
|
400 Boundary Street, Brisbane
Property Description
The property is a contemporary three level commercial office building with a distinctly recognisable blue glass curtain wall facing Boundary Street. This property incorporates three split levels of basement car parking for 56 vehicles.
|
| Location |
Carindale |
| Lettable Area |
3,500m2 |
| Major Tenant |
Brisbane City Council
Bank of Queensland |
|
|
"Millennium Business Centre", 1019 Old Cleveland Road, Carindale
Property Description
The 6,000m² site was acquired by Nielson Properties in early 1999. The site has four street frontages and forms part of the Carindale regional centre anchored by the Suncorp/Westfield regional centre.
|
| Location |
Townsville |
| Lettable Area |
9,400m2 |
| Major Tenant |
Telstra |
|
|
"River Quays", 7-13 Tomlins Street, Townsville
Property Description
A modern eight level commercial office building, comprising 9 ground floor commercial and retail "shop front" tenancies, 2 upper levels of secure allocated parking comprising of a total 161 secure car parks and 5 upper levels of commercial offices with large floor plates approximately 1700m2 on each level.
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