55 Elizabeth Street, Brisbane, QLD, 4000, AU

55 Elizabeth Street

Asset description

JLL are pleased to exclusively present for sale a 100% freehold interest in 55 Elizabeth Street, Brisbane, QLD.

Occupied by the Commonwealth of Australia (ATO), 55 Elizabeth Street offers one of the most secure income streams of any investment opportunity nationally, underpinned by the following investment highlights;

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Attributes

Building area Net

19,250 sm

Occupancy

100.00%

Land area Net

0.20 ha (1,998 sm)

Media

Investment highlights

Purpose-built for the Australian Taxation Office, who occupy the entire office component on a 1st Generation lease
Award winning Modern Trophy Asset, designed by BVN and completed in 2013
Secure income backed by the strongest tenant covenant nationally – the Commonwealth of Australia – one of only 11 nations globally awarded a AAA credit rating
High yielding cash flow with fixed 3.75% - 4.00% annual increases across all leases and a 5.0-year WALE
Certified Carbon Neutral asset with exceptional ESG credentials including 6-star NABERS Energy Rating (with GreenPower) and 5-star Green Star
Prime location in the heart of the CBD with unrivalled amenity, less than 150 metres to the new Albert Street Station (Cross River Rail)
Surrounded by an unprecedented level of spend on infrastructure and development, over $15bn specifically within the CBD in the lead up to Brisbane’s 2032 Olympic Games
Brisbane’s Office Market is the strongest in the nation, with strong effective rental growth and record low vacancy underpinned by our leading GDP & population growth

55 Elizabeth Street is offered For Sale via International Expressions of Interest closing 12:00pm (AEST) Friday 30^th June 2023.

*all figures approximate as at 1 July 2023