Description

JLL is pleased to exclusively present for sale Queen Street Central, 130 Queen Street, Brisbane City. Queen Street Central occupies the best corner allotment on the major intersection of Queen Street Mall, one of Australia's busiest open-air pedestrian malls, drawing over 1.4+ million pedestrians weekly. This four-storey mixed-use retail and office asset offers a rare opportunity to secure a 100% freehold interest in a trophy landholding that has changed hands only twice since 1995.

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Attributes

Occupancy

100%

Tenants

24-hour McDonald's, Foot Locker, KFC and Palermo Perfumes

NOI

₫118,416,348,000

Building area net

3,725 m²

Call for offers

09/02/2026

Media

Investment Highlights

The key asset highlights are as follows:

-Rare three-street frontage – 21m to Queen Street, 42m to Albert Street and 19m to Burnett Lane, one of only four corner landholdings in the Mall

-Blue-chip, fully occupied tenancy – eight national retailers including a flagship 24-hour McDonald's (10-year initial term plus 10-year option), Foot Locker, KFC and Palermo Perfumes

-Significant reversionary upside – Certain passing rents sit materially below current market parameters, pointing to over $1.0 million in potential rent reversion

-Recent capital investment – more than $7 million spent on capital improvements and lessor works since 2019

-Infrastructure tailwinds – new Cross River Rail stations at Albert Street (200m) and Roma Street (800m) set to further boost foot traffic from 2029

-Strong passing income – net income of $6,398,543 per annum, WALE of 5.84 years by income

Queen Street Central is being offered for sale via an Expressions of Interest campaign closing Thursday 3rd of September 2026 at 4pm (AEST).

Please contact the exclusive marketing agents to arrange inspections or to request access to the Electronic Data Room. All enquiries regarding the information provided herein or to request an inspection should be directed to the exclusive selling agents.