Quiksilver, Byron Bay
Asset Type: Commercial Property
Return: Commercial lease. Forecast IRR of 16% including income and capital gain on sale of property after 5 years.
Environmental intention: Greening building through:
- rationalising retail lighting
- installation of rooftop photovoltaic array
- treatment of 15% of stormwater onsite.
Social intention: Engage with Make-A-Wish Foundation to offer vacancy periods in apartments above the retail space to children with life threatening medical conditions and their families.