PROPERTY DESCRIPTION

This property is a modern, (constructed 1994) three level office building inclusive of secure undercover parking fully tenanted by six tenants which are primarily government, with only 12% of tenancies being private sector (with inter-dependant relationships with the government agencies).
The property is situated on the southern side of Wirraway Parade and comprises the second and third allotments west of Kestrel Street and occupied by six tenants including the Commonwealth of Australia (53% of gross income), the State Government of QLD and the private sector. Government tenancies account for 88% of gross income.

Inala is an established residential suburb which is approximately 16 kilometres southwest of the Brisbane City Centre. The immediate vicinity comprises the Inala Town Centre, on the north side of Wirraway Parade. The town centre accommodates office and retail shopping facilities and there is also an additional retail strip development to the west.
The building benefits from strong exposure to Wirraway Parade, which is a wide two lane dual directional carriageway, Corsair Avenue and the Town Centre precinct. The surrounding buildings consist of retail, detached residential development and substantial parking facilities.
Transport by car to the subject property is easily accessible as well as bus services which operate within proximity to the subject property along the main arterial roads.