60 Edward Street_Property for Sale
60 Edward Street_Property for Sale
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
114,496 sf
Occupancy
87%
Land area net
19,763 sf
Parking spaces
107
Call for offers
06/05/2024

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 6th 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

60 Edward Street 4_Property for Sale
60 Edward Street 4_Property for Sale

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60 Edward Street (0 Properties)

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Last updated
May 27, 2024