A 4,081m² office on a corner site with 50 basement car parks and long-term redevelopment potential. Acquired with 33% vacancy, the asset was swiftly repositioned to full occupancy, anchored entirely by government tenants. The fund returned capital early via refinance and achieved a 6-Star NABERS rating — one of just six buildings in Brisbane with this credential. Sold off-market in 2021, the fund secured a strong outcome through active management and strategic leasing.
This asset showed the power of early leasing execution and active management — from vacancy to 100% government tenancy, robust capital returns, and one of Brisbane’s coveted 6 Star NABERS office ratings.
