241 Adelaide Street_Property for Sale
241 Adelaide Street_Property for Sale
241 Adelaide Street, Brisbane City, QLD, 4000, AU

241 Adelaide Street

Asset description

JLL and CBRE are pleased to present for sale a 100% interest in 241 Adelaide Street, Brisbane.

 

Prominently positioned in Brisbane’s Golden Triangle with desirable Post Office Square frontage, this outstanding investment opportunity offers a rare combination of secure income and value add potential.

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Attributes

Building area net
10,107 sm
Occupancy
85.00%
Year built
1988
Land area net
307.97 ha (3,079,658 sm)

Media

Investment highlights

241 Adelaide Street is underpinned by the following investment highlights:

 

  • Prominently located in Brisbane’s prestigious financial precinct, the Golden Triangle
  • One of only four office assets located on Post Office Square
  • Exceptionally strong building fundamentals with curtain glass façade, column-free floorplates, and side core configuration allowing for easy subdivision of floors
  • Excellent natural light and park views, with 42m of frontage to Post Office Square
  • Firmly positioned as one of the best value office towers in the Golden Triangle with proven performance through all leasing cycles
  • Secure multi-let income stream with limited major expiry risk, with no more than 22% of NLA expiring in any one year
  • Potential to add value and continue the journey towards a high quality boutique A-Grade asset
  • Opportunity to capitalise on the highest net effective rental growth forecast in the country
  • 6-star NABERS Energy with Greenpower, 4-star NABERS Energy without Greenpower, 3-star NABERS Water Rating, and 5-star NABERS Indoor Environment

 

A 100% freehold interest in 241 Adelaide Street, Brisbane is available for sale via International Expressions of Interest closing 4:00pm (AEST) Tuesday 28th March 2023.

 

*All metrics are approximate and as at 1 April 2023

241 Adelaide Street 4_Property for Sale
241 Adelaide Street 4_Property for Sale

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241 Adelaide Street (0 Properties)

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Last updated
Oct 25, 2023