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

    The aim was to deliver a regenerated, 4.5 Star NABERS Base Building Energy rated building that would attract and retain quality tenants and to provide 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.

    Outcome

    Following a successful marketing campaign, the property achieved 100% occupancy.

    The property was sold June 2019