133 Mary Street_Property for Sale
133 Mary Street_Property for Sale
133 Mary Street, Brisbane, QLD, 4000, AU

133 Mary Street

Asset Description

JLL and CBRE are pleased to present for sale a 100% freehold interest in 133 Mary Street, Brisbane.

Prominently located on a large corner site in Brisbane's thriving Midtown precinct, 133 Mary Street offers a rare opportunity to acquire a prime CBD holding with significant value-add opportunities.

 


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Attributes

Building area net
141,158 sf
Land area gross
30,860.13 sf

Media

Investment Highlights

133 Mary Street is underpinned by the following investment highlights:

  • Situated on a significant 2,867sqm corner site with over 100m of frontage to Mary Street and Edward Street
  • Prime location, only 1 minutes’ walk to the Albert Street Cross River Rail Station, the first new CBD train station to be delivered in over 120 years
  • Exceptional asset fundamentals including flexible 808sqm floor plates, excellent natural light, modern End of Trip, and a superior parking ratio of 1:117 bays/sqm
  • Extensive capex completed, including $8.9M+ invested in upgrades and refurbishments since 2019
  • Secure income stream with significant growth prospects, and a Fully Leased Net Income of $7.5 million per annum
  • Ideal occupier solution for Brisbane's active SME tenant market, without compromising on location or quality 
  • Significant value-add opportunities including refurbishment & activation of the existing retail annex, or Development Approval for a boutique office tower
  • Opportunity to capitalise on Australia's strongest office market - with APAC-leading effective rental growth and an unrivalled sub-7.5% vacancy rate in Brisbane's Midtown precinct  

 

133 Mary Street is offered for sale via International Expressions of Interest closing 4:00pm (AEST) Wednesday 6th March 2024.

 

*All metrics are approximate and as at 1 March 2024

133 Mary Street 4_Property for Sale
133 Mary Street 4_Property for Sale

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133 Mary Street (0 Properties)

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Last updated
14 Mar 2024