Investment
Status
Sold
Sale
Price
$41M
Date of
Sale
Nov '21
Day One
Distribution
9.50%
Internal Rate
of Return*
4%
Term
4yrs 11mths
About Sentinel Regional Office Trust
The Property comprises of a ten level office building located within the northern precinct of Brisbane’s CBD. The property is situated on a 6,211sq m site with a net lettable area of 7,603sq m and 88 car bays (1:86sq m). 200 Creek Street has had approximately $2.7 million spent on upgrades to building services, tenant fitouts and foyer refurbishments.
The property is currently home to a range of quality tenants, including Ramsay Health Care, SEQ Water, Women’s Imaging Group and Persolkelly.
This modern office accommodation is in a prime CBD location (150 metres to Central Train Station) and is within walking distance to the Spring Hill Medical Precinct, which includes the Brisbane Private Hospital, Queensland Eye Hospital and St. Andrews Hospital.
Brisbane’s $5 billion major development of the ‘Queens Wharf’ Precinct will deliver economic growth for Queensland with the creation of more than 2000 construction jobs and 8000 ongoing jobs when the Integrated Resort Development is completed in 2022. The revitalised precinct will provide improved facilities for everyday use and public events, showcasing Brisbane to locals, interstate and international visitors, and positioning Brisbane as a ‘world class city’.
Gallery
Location
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