Master Fund No.3 Now Open for Investment - Click here to register interest
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      Avi Gordon

      General Manager – Investor Capital

      M +61 419 868 088 Contact Avi

      Bridget Pillow

      Investor Relations Manager

      P +61 3 9914 2214 Contact Bridget

      Harry Rosenberg

      Director and Head of Capital Raising

      M +61 418 327 286 Contact Harry

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      View property

      8 Gardner Close

      • Milton QLD

      • NLA 4,352sqm + 102 Car Bays

      • Purchased August 2017 • Sold June 2019

      • IRR 17.5%
      • TR 34.6%
      View property

      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.

      Activities

      QE upgraded the base building services, lobby, lifts, general aesthetics and services, and installed end-of-trip facilities.

      Painting of façade.

      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.