Edward Street 60, Brisbane City, QLD, 4000, AU

60 Edward Street

Asset Description

JLL are proud to present for sale a 100% freehold interest in 60 Edward Street, Brisbane – a landmark CBD office tower with outstanding asset fundamentals and a secure income stream from high-quality tenants.

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Attributes

Building area net

10,637 m²

Occupancy

87%

Land area net

1,836 m²

Parking spaces

107

Call for offers

05/06/2024

Media

Investment Highlights

60 Edward Street is underpinned by the following investment highlights:

Institutional quality asset, the ﬁrst time advertised for sale to the open market in over 25 years
Situated on a prominent 1,836sqm CBD site, less than 250m to the new Albert Street Cross River Rail Station
Exceptional asset fundamentals including versatile 706sqm floor plates, excellent on-floor experience, ample natural light, and a superior parking ratio of 1:99 bays/sqm
Leading sustainability credentials, boasting 5.0-star NABERS Energy Rating and 4.5-star NABERS Water Rating
Extensive capex completed, with more than $7.5M invested during the course of RACQ owning and part-occupying the asset
Secure income stream from a strong tenant base, offering a Fully Leased Net Income of $6.5 million per annum
Strategic Value-Add opportunities to drive returns, including repositioning the ground floor retail & modernisation of the End of Trip
Opportunity to capitalise on the unrivalled performance of Brisbane’s CBD leasing market

60 Edward Street is offered for sale via International Expressions of Interest closing 4:00pm (AEST) Thursday 6^th June 2024.

For further information or to arrange an inspection of the property, please contact the JLL Capital Markets team as the exclusive selling agents.

*All metrics are approximate and as at 1 June 2024