ENERGY QUEENSLAND HEADQUARTERS
420 Flinders Street, Townsville
A-Grade office tower completed in 2013 with 7,927sqm NLA
100% leased with a 9.8 year WALE
Blue chip anchor tenants, Energy Queensland (Ergon Energy) & National Australia Bank (NAB)
Ultimate income security from State Government owned Energy Queensland accounting for 92% of income
Strong rental growth with annual escalations ranging from 3.5%-4.0%
Situated in a prominent corner location in the commercial heart of Townsville CBD within walking distance to $250m North Queensland Stadium
Exceptional sustainability credentials with 5 Green Star Rating & 5-star NABERS Energy rating
Contributing over $15.9b in GRP annually, Townsville offers a strong & diversified economy driven by Defence, infrastructure, Government administration, education, mining, agriculture, tourism & trade (via major port)
Australia’s largest Defence City with massive investment from Australian & Singaporean Governments