40 Tank Streetright-arrow
40 Tank Street

About

We welcome you to our asset on Turrbal and Yuggera land. This asset is a strategically located 10 story office building and car park located in the Brisbane CBD. The property was recently refurbished in 2014 and incorporated ground floor retail and foyer, five levels of car parking for 327 cars and five levels of office accommodation.

The property is 100% leased, with 100% of the office component leased to the Queensland State Government and 300 car parking bays leased to Care Park, one of Australia's leading car park management groups.

The property is located within close proximity to major development projects including the $3 billion Queens Wharf Casino precinct and $1 billion Brisbane Quarter development. 

Note: Charter Hall pays our respects to the Traditional Owners of Country and note that reference to the traditional land is based on current Land Title knowledge which can be contested and reviewed at any time. 

 

Lease Expiry Profile1

1 By gross passing income (REIT ownership interest).

 

Key Tenants

Tenant NLA (sqm) NLA (%) Expiry (date) Review (%/CPI)
Queensland Government 5,906 95% 30-Jun-24 4.00%

 

Fund Ownership 50% CLW, 50% PFA
Year Built 1980's
Title Freehold
Location Brisbane
Grade B
Occupancy 97.9%
Total NLA 6,218sqm
Typical Floor Plan 599-1074sqm
Weighted Average Lease Expiry (WALE) 2.3
Car Spaces 327

Amenities

ICONS - END OF TRIP
End of Trip
ICONS - DINING
Café
ICONS - SUPERMARKET / SHOPPING
Retail
Buses[1]
Transport
NABERS Energy 4 Star
Achieved
4 Stars

Energy

NABERS Energy measures the efficiency of an office building and rates either the base building, tenancy or whole building. An energy ratings works by comparing the energy consumption of a building against a set of benchmarks that have been developed using actual data. A NABERS Energy rating can be done with or without GreenPower. Base building Energy rating: occurs when central services like heating and cooling systems, lifts and lobby lighting are rated. Tenancy Energy rating: when businesses choose to rate the space they occupy within a building. Whole building Energy rating: this rates the base building and tenant occupied space. This usually occurs when there is a single tenant occupying an entire building.
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Location

Use the interactive map below to explore the area around our property.

Points of Interest
map

Disclaimer: All contents displayed within this map are for illustrative purposes and are subject to change without prior notice.

Contact

Gareth Cochrane
Asset Manager
Charter Hall
Alanah Woods
Property Manager
Charter Hall