
1231 Sandgate Rd, Nundah
1241 Sandgate Road, Nundah, QLD, 4012, AU
139,716 sf
Knight Frank and JLL are pleased to present the opportunity to acquire a 100% freehold interest in 144 Montague Road, South Brisbane. The A-grade office asset is located in the heart of South Brisbane, one of Australia's most robust and sought-after occupier markets.
Positioned on a prominent 3,257sqm* site with triple street frontage, the property is situated within the Kurilpa TLPI precinct and stands to benefit significantly from major infrastructure projects planned for South Brisbane and the broader area, particularly in the lead-up to the 2032 Olympic Games. 144 Montague Road allows an incoming purchaser to capitalise on Brisbane’s growth trajectory.
144 Montague Road enjoys immediate connectivity to the Brisbane CBD, major transport infrastructure, and a wide range of retail amenities. These advantages are complemented by high occupancy levels and strong covenants from quality occupiers.
Key Investment Highlights:
- Strong occupier covenants underpinned by the State Government, occupying 41.67%* of the building (by NLA)
- Large, versatile floor plates of 2,900sqm* catering to both full-floor and split-floor tenant requirements
- Secure net passing income of $6.96m* per annum (as at 1 August 2025)
- 5.0-Star NABERS Energy rating & 4.5-Star NABERS Water rating, reflecting strong sustainability credentials
- Strategically located to benefit from major surrounding infrastructure projects, including Brisbane Metro, Cross River Rail, and the transformative Queen’s Wharf Brisbane development
- Positioned within the Brisbane Fringe, one of Australia’s strongest-performing office submarkets, with continued demand and growth potential
- Opportunity to acquire a high-quality office asset significantly below replacement cost
144 Montague Road, South Brisbane is for sale via Expressions of Interest, closing Wednesday 30th July 2025 at 3:00pm (AEST).
* Approximate