The North Regional Business Centre (NRBC) was developed by CBIC to hold long term, in line with its mandate to provide consistent look-through earnings for its shareholder. NRBC was built with sustainability in mind, with reduced energy demand and water efficient fixtures and fittings. The 5 star NABERS rating is effective till July 2020.
The asset is ideally located in proximity to Chermside Shopping Centre and provides ground floor community facilities including a public library and café, with high quality office accommodation on the upper floors. The asset was constructed to a high standard and will provide a long-term rental stream with a low capital expenditure requirement, maximising returns for the shareholder.