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ID 338446UpdatedSale247 Adelaide Street
247 Adelaide Street
Brisbane City, Queensland, 4000
Please contact us for price
- Size3,045 SQM
Elliott O'Shea
Manager, Metropolitan Sales & Investments - QLD
Agent details
Seb Turnbull
Head of Sales & Investments - QLD
Agent details
- Description
- Building Information
- Energy rating
- Location
- Agents
Description
Rare 100% Freehold Sub-$20M Asset in Brisbane’s CBD
JLL, in conjunction with CBRE, are pleased to present for sale 247 Adelaide Street, Brisbane – a truly rare opportunity to secure a 100% freehold sub-$20M asset within Brisbane’s most desirable and vibrant commercial precinct, the Golden Triangle.
247 Adelaide Street offers the following investment highlights;
• Situated in a prime location offering immediate access to Brisbane’s best amenity including Post Office Square, Queen Street Mall, and Central Station
• Strong asset fundamentals including 3,045sqm NLA, 435sqm floorplates, and modern End of Trip facility
• Fully Leased Net Income of $1,486,022 per annum
• Excellent sustainability credentials, including 5-star NABERS Energy Rating and 4.5-star NABERS Water Rating
• Ideal occupier solution for the most active sector of the leasing market, without compromising on location
• Substantial capital works program completed in recent years, focused on plant and equipment upgrades
• Multiple value-add strategies including cosmetic refurbishment, repositioning into a medical office building, or redevelopment into a boutique hotel (STCA)
• Opportunity to capitalise on the highest net effective rental growth forecast in the country
A 100% freehold interest in 247 Adelaide Street, Brisbane is offered For Sale via International Expressions of Interest closing 4:00pm (AEST) Tuesday 28 th March 2023.
*All metrics are approximate and as at 1 April 2023
JLL, in conjunction with CBRE, are pleased to present for sale 247 Adelaide Street, Brisbane – a truly rare opportunity to secure a 100% freehold sub-$20M asset within Brisbane’s most desirable and vibrant commercial precinct, the Golden Triangle.
247 Adelaide Street offers the following investment highlights;
• Situated in a prime location offering immediate access to Brisbane’s best amenity including Post Office Square, Queen Street Mall, and Central Station
• Strong asset fundamentals including 3,045sqm NLA, 435sqm floorplates, and modern End of Trip facility
• Fully Leased Net Income of $1,486,022 per annum
• Excellent sustainability credentials, including 5-star NABERS Energy Rating and 4.5-star NABERS Water Rating
• Ideal occupier solution for the most active sector of the leasing market, without compromising on location
• Substantial capital works program completed in recent years, focused on plant and equipment upgrades
• Multiple value-add strategies including cosmetic refurbishment, repositioning into a medical office building, or redevelopment into a boutique hotel (STCA)
• Opportunity to capitalise on the highest net effective rental growth forecast in the country
A 100% freehold interest in 247 Adelaide Street, Brisbane is offered For Sale via International Expressions of Interest closing 4:00pm (AEST) Tuesday 28 th March 2023.
*All metrics are approximate and as at 1 April 2023
Energy rating
Location
Agents
Elliott O'Shea
Manager, Metropolitan Sales & Investments - QLD
Agent details
Seb Turnbull
Head of Sales & Investments - QLD
Agent details