BRISBANE CBD'S MOST COMPELLING VALUE-ADD OPPORTUNITY FOR SALE: 333 ADELAIDE STREET
333 Adelaide Street
Brisbane, QLD 4000
Australia
- Rental Price:
- Negotiable
- Building Size:
- 7,529 SQM
- Sublease:
- No
Cushman & Wakefield has the exclusive privilege of offering 333 Adelaide Street, Brisbane For Sale. 333 Adelaide Street is a well-appointed 14-storey office tower enjoying a prominent and highly convenient location on Adelaide Street at the northern gateway of the Brisbane CBD's Golden Triangle with abundant natural light to all floors. 333 Adelaide Street is situated to take advantage of Brisbane CBD's full suite of public transport and lifestyle amenity including Central Train Station (275m*), Eagle St Ferry Terminal & Dining (300m*) and Queen Street Mall (450m*).
We summarise the key investment features of the property as follows:
• Rare opportunity to acquire a 14-level 7,529sqm* tower below benchmark pricing on a $rate/sqm basis
• Significant $8.35M* CAPEX program completed over last 36 months.
• 5.54 year* WALE on leased space.
• Side core & ideal 560sqm average floor plates servicing the most active segment of leasing market (81%* of deals since 2020 sub 600sqm).
• Golden triangle CBD location within metres to rail/ferry/buses, dining & entertainment precincts and Queen Street Mall
• Passing income of $1,954,214 PA*
• Potential fully leased income of $3,640,364 PA*
*Approximately
For sale by Expressions of Interest closing 4pm (AEST) Thursday 4 November, 2021. - Brisbane - CBD