Office

33 Vulture Street

33 Vulture Street, West End, QLD, 4101, AU

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Asset Description

JLL is pleased to exclusively present 33 Vulture Street, West End; a landmark development site in one of the most sought after near city catchments supported by significant passing income from a quality, diverse tenancy mix. Key attributes as followed;

Attributes

Building area Net

2,908 m²

Year built

N/A

Land area Net

0.00 km² (3,321 m²)

Investment Highlights

Expansive 3,321sqm DC1 zoned site with three street frontage
Development upside to eight (8) storeys as of right with a variety of end use outcomes permitted per code
Strategically located, elevated site with both views across the Brisbane City Skyline and west to Mount Cootha
100% leased to quality tenants providing net income of $1,001,000pa* plus GST
Favourable lease structures and demolition clauses in place to allow for development in the medium term
Well presented creative improvements which have ensured historically low vacancy
Close walking distance to surrounding education, lifestyle and transport amenity

For a copy of the Information Memorandum or to discuss further, please contact one of the appointed JLL agents.

33 Vulture Street, West End is being offered For Sale via Expressions of Interest closing 23 March 2023.