
Projects
8 Gardner Close
Location
Milton, QLD
Size
NLA 4,352 sqm
PURCHASE Date
August 2017
Sold
June 2019
Completed
TR
34.7
%
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Quintessential upgraded the base building services, lobby, lifts, general aesthetics and services, and installed end-of-trip facilities. Painting of façade.
Strategy
We aim to regenerate the building aesthetically and mechanically targeting a minimum 4.5 Star NABERS Base Building Energy rating to attract and retain quality tenants, providing stabilised, long-term income to investors.
Outcome
Following the successful aesthetic and mechanical upgrades the property was sold in June 2019 with 100% occupancy. Shortly after the sale of the building 5 Star NABERS Base Building Energy rating was achieved due to the works that were completed.
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