One Eagle Street, Brisbane
Overview
One Eagle Street formerly known as Waterfront Place, is a commercial complex comprising three adjacent buildings including a landmark 37-level premium office tower and Naldham House.
The properties are located within the prime commercial precinct of Brisbane’s CBD known as the ‘Golden Triangle’.
Adjoining the office tower is a two-level retail, food and beverage complex considered one of Brisbane's premier dining destinations.
The complex incorporates Dexus Place - a pioneering, intelligently designed, premium workspace that provides solutions for all meeting, training and conference space requirements. There is also hotel style concierge, flexible lobby areas for casual business meetings, quality end-of-trip facilities and a 258 bay car park with a valet car wash service.
Naldham House was built in the late 1870’s and sits in historic contrast on the corner of Mary and Felix Street.
Asset Information
- Asset typePremium Grade - office
- Year built1990
- Asset locationBrisbane CBD
- Site area (hectares)0.47
- Lettable area ('000sqm)60.83
- Lettable area adjusted for ownership ('000sqm)30.42
- Typical floor area (sqm)1800
- Car parking spaces475
- OwnerDXS
- Ownership (%)50
- Co-ownerDWPF
- Major tenantMinter Ellison Services Pty Limited
- Acquisition dateSeptember 2015
- Book value at ownership ($m)355.1
- Independent valuation dateJune 2024
- Independent valuation at ownership ($m)355.1
- Market cap rate (%)6.24
- 12 month rolling yield (%)6.04
- Leased by area (%)68
- Weighted lease term by income (years)5.2
- NABERS Energy rating (with Green Power)6.0
- NABERS Energy rating (without Green Power)6.0
- NABERS Indoor Environment6.0
- NABERS Waste4.0
- NABERS Water rating5.0
- Green Star rating6.0 Star (Performance v1.2)