High rise office building
OFFICE

340 ADELAIDE STREET

340 Adelaide St, Brisbane City, QLD 4000

Located in the heart of the Brisbane CBD within a short walk to Central Station, 340 Adelaide Street is a modern 16-level, B-grade office building with two levels of basement parking. Floors are column-free and enjoy four sides of natural light, with balconies featured on selected floors.

Grade
B
Nabers Rating
5.0 Star
Ownership
100%
NLA
12,727 SQM

Summary information

Acquisition/Agreement Date Dec-09
Last External Valuation Date 30-Jun-20
Valuation at 30-JUN-25 $78.0m
Valuer Cushman & Wakefield
Capitalisation Rate 6.75%
Discount Rate 7.00%
Gross Office Rent $610/SQM
Car Spaces 100

Lease Expiry Profile % Income

Wale: 3.1 YEARS

Major Tenants

Entity Name NLA SQM Lease Expiry
Cover-More Insurance Services 1,802 Mar-26
Entity Name NLA SQM Lease Expiry
Wilson Parking - Jul-20
340 Adelaide street lobby

Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.  

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.