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ARCBS Headquarters

44 Musk Avenue, Kelvin Grove

BrisbaneQueensland4059

Australia

The Australian Red Cross Blood Service (ARCBS) is a purpose built, six story A-Grade commercial office and healthcare building completed in 2008. Owned subject to a long-term 80yr ground lease (>60yrs remaining), the building comprises a mix of office, clinical, laboratory, recreational and retail uses. The major tenants include Lifeblood, Bolton Clarke and Queensland University of Technology (QUT). On-site there are two levels of basement car parking which provides 296 bays. Recent upgrades to the base building chiller infrastructure has further enhanced the buildings sustainability credentials.

ARCBS is located within Kelvin Grove, 2.2 km north-west from the Brisbane Central Business District. The site is part of the QUT campus and as such, the surrounding area primarily comprises education infrastructure, retail and commercial offerings, such as The Village Shopping Centre adjacent. The site is extremely well serviced by public transit with bus services surrounding the site and QUT Kelvin Grove Railway Station just 300 metres north-west.

City
Brisbane, QLD
Asset Type
MOB
Title
Leasehold
Fund
Galaxy JV (AU)
Ownership Interest
30%
Year Built | Renovated
2008
Site Area
74,239 SQ FT | 6,897 SQM
GLA
217,958 SQ FT | 20,249 SQM
Occupancy
100%
WALE (yrs)
30.8
Tenants
9
Major Tenant
Australian Red Cross Blood Service