Outstanding New Commercial leasing deals – 100 Wickham St

Outstanding New Commercial leasing deals! 100 Wickham St Brisbane

100 Wickham St – 10,500m2 New Deals

K2 Private Property has successfully signed new leases over 10,500m2 of Retail & Office space in 100 Wickham St Fortitude Valley in the last 12 months.

K2 Private’s Director of Property – Stuart Moody negotiated the leases with the help of Warwick Wolfe from Colliers International on behalf of the owner.

The new leases included tenants TPG, AAPT & QLD State Government.

Leases are for terms between 7 – 10 Years each.

A new Retail Café called “Fortitude” has just opened on the ground floor offering high quality food to the buildings occupants.

Mr. Moody commented – “100 Wickham St is a unique offering to Brisbane tenants. It is an office building totaling 13,100m2 and has 2 dedicated Energex Sub Stations (1,500kva each) located in the basement that only services the building. Adding to this another 7 backup generators support the tenants and offers more availability of power & supplementary air than most regional hospitals. The building is positioned well above any previous Brisbane flood levels therefore is ‘bullet proof’ for tenants seeking continuity of services”.

The building was originally built by the Government for their own use and is therefore over specified with power, air conditioning & lifting.

 

The building has a new exciting external colour scheme and features a unique mural on the Gotha Street side, designed by Brisbane’s No.1 street mural artist Matt Stewart.

 For Further details please contact: Stuart Moody

K2 Private Property – Director Property – 0421323051

 About K2 Private Property

K2 Private Property is a Brisbane based local independent boutique Commercial Real Estate Agency with an exceptional reputation for delivering outstanding results.

Key Services

  • Sales and Acquisitions
  • Property Leasing
  • Property Management
  • Facilities Management
  • Medical Property
  • Tenant Representation
  • All property accounting requirements

K2 Private Property is a wholly owned subsidiary of Keystone Private – Queensland’s number 1 Multi Family Office

 

KNOWLEDGE WITH UNDERSTANDING | EXPERIENCE WITH INTEGRITY

Jon Roase appointment to K2 Private Property team

Jon Roase appointment to K2 Private Property team

Jon Roase –has joined K2 Private Property to bolster the Property Management Division.

Jon will join with Brisbane property industry veteran Jenni Ford to assist with managing K2 Private Property’s ever increasing property portfolio and will be focussed on K2 Private Property  & Keystone Private client’s properties, focussing on Metro Office & Industrial assets.

Prior to joining K2 – Jon was at King & Co – as Senior Property Manager.

Stuart Moody – Director of Property said: “We are very pleased to have Jon join K2 Private.  He brings a wealth of Property Management skills in the Industrial arena adding extra capacity and diversity to our specialist Asset & Property Management division”.

 

 

 

 

 

 

About K2 Private Property

K2 Private Property is a boutique commercial Real Estate Service Provider focusing in South East Queensland. We aim to bring a fully integrated Property Management, Accounting and Transaction Co-ordination service to the Private Families of Queensland. K2 Private Property is a wholly owned subsidiary of Keystone Private – Queensland’s number 1 Private Family Office.

 

 

For Further details please contact :-

Stuart Moody

Property Director

0421323051

K2 Medical – Is born/Heart Beats Strongly

Brisbane property specialist David Goldfinch has joined forces with financial wizard David Jackson and property veteran Stuart Moody to establish K2 Medical Property. K2 Medical Property is a dedicated health / medical agency focussed on the needs of health professionals. David will be focusing on providing “Institutional” Property/Facilities Management and Development Management of Medical Centres to owners in SEQ.  read more

APPOINTMENT OF NEW LEASING EXECUTIVE – NICK DAVIES

PRESS RELEASE – March 2016

Nick Davies, ex JLL CBD Operative, has joined K2 Private as a Leasing Executive in the CBD.

Nick will join with Brisbane property industry veteran, Stuart Moody, to assist with leasing properties owned by clients of K2 Private and Keystone Private, focusing on CBD and Metro Office assets.

read more

K2 Private Expands Property & Facility Management Division

PRESS RELEASE – January 2016

Following on from being appointed managers of 4 new high rise assets, K2 Private has expanded its ability to service clients by adding 3 new staff.

The new appointments are :

Emma Klingberg – Emma is a high-rise building Property Management expert. Emma has managed many CBD assets for Colliers & Savills in recent times and is focussed on large CBD office buildings.

Paul Dart – Paul is Ex Colliers Senior Facility Manager and specialises in high rise buildings. Paul has joined the K2 Private team to focus on its new management building located at 100 Wickham Street.

Neville Olbitzky – Has been appointed as Building Supervisor to assist with day-to-day operations for K2 Private’s Ipswich managements.

read more

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Feature Article

K2 Private in the News – Pacific Square snapped up for $20.9m in Marquette value play

Financial Review website - by Matthew Cranston

The below is from an article on the Financial Review website by Matthew Cranston dated 12 October 2016, at 4:55pm:

‘Marquette Properties has purchased the Pacific Square retail complex near AMP Capital’s massive Pacific Fair Shopping Centre on the Gold Coast for $20.9 million.

The Pacific Square property, while serving as a strong income asset for its new owners, is also one of the largest development sites on the Gold Coast and could offer an ideal residential property play into the future.

The deal, which was brokered in an off market transaction through K2 Private’s Stuart Moody, represented a passing yield of 7.2 per cent.

The single level retail and office asset at Mermaid Beach has 7355 square metres of net lettable area on a site of 17,300 square metres with 240 carparks.

The asset is 100 per cent leased to tenants who have been at the centre for an average tenure of 10 years.

Tenants include the Queensland state government, Supercheap Auto and Snap Fitness.

Pacific Square is Marquette’s fourth retail acquisition in the last six months alongside the St Lucia Village in St Lucia, Brisbane, for $10.2 million, Festival Towers in Brisbane CBD for $22.7 million and Bushland Beach Plaza in Townsville for $5.5 million.

Marquette Properties’ managing director Toby Lewis said the new property would allow his team to add significant value in the future.

“As well as being a stable investment with a significant rental reversion, the asset has enormous future development upside,” Mr Lewis said.

“We believe the current day development value and replacement cost value exceed the investment value price we have acquired the asset for.

“The asset has excellent retail fundamentals and is consistent with our investment philosophy of buying assets that we can drastically change the value of and be a ‘pricemaker’ at exit.”

Mr Moody said the property, which is zoned for eight levels of residential, was a prized asset.

“We see it as an awesome investment because it’s one of the largest development plays on the Gold Coast,” he said.’

About K2 Private

K2 Private is a boutique commercial Real Estate Service provider focusing on the private owners in South East Queensland. We aim to bring a fully integrated Property Management, Accounting and Transaction Co Ordination service to the private families of Queensland. K2 Private is a wholly owned subsidiary of Keystone Private – Queensland’s leading Multi-Family Office.

 

For further details please contact :-

Stuart Moody

Director – Property

0421 323 051