40 Tank Street 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.
Lease Expiry Profile1
1 By gross passing income (REIT ownership interest).
|Tenant||NLA (sqm)||NLA (%)||Expiry (date)||Review (%/CPI)|
|Fund Ownership||50% CLW, 50% PFA|