- New 7 year lease plus options to 2029
- Premier inner city location
- Fixed 3.5% annual rent increases
Brand new 7 year lease until 2024 plus option to 2029.
Premier Inner City location less than 1 km from the Brisbane CBD.
Investment Security – Leased to Commonwealth Bank of Australia: Top 20 ASX listed company with market Cap of $139 billion.
Dominant location at the corner of one of Brisbane’s busiest intersections (Melbourne & Cordelia Street).
High underpinning land value with future 10 storey development options in next residential cycle.
Triple net lease: 100% of outgoings recoverable from tenant incl. land tax.
Extremely rare freehold site surrounded by significant residential and commercial density.
South Brisbane: Brisbane’s premier lifestyle, recreation, entertainment and business precinct – situated in the heart of the high profile fish lane precinct.
Fixed 3.5% annual rent increases providing guaranteed growth.
Net Income: $280,0000 pa + GST.
Auction 11am AEDT Thursday 19 October 2017
Dexus Place Auditorium, Level 31 / 1 Eagle Street, Brisbane
|Gross Building Area