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49 Doggett Street, Teneriffe, Qld 4005

49 Doggett Street, Teneriffe, Qld 4005

Offices Land/Development Other

  • For Sale
  • Please contact agent
  • Tender

8-year lease to Downer EDI Services Pty Ltd

  • Net income $1,137,682 p.a*
  • 4% fixed increases
  • 8-storey development upside

  • Land Area
  • 2386.00 m² (approx)
  • Floor Area
  • 2,561 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Apr 14, 2021
  • Energy Efficiency Rating
  • 5.0-star NABERS Energy Rating
  • Car Spaces
  • 40

Additional Details

Interested in this property? Contact an Agent today

Colliers - Brisbane

Level 30, 111 Eagle Street

Brisbane City Qld 4000

Tom ODriscoll, Colliers - Brisbane
Tom ODriscoll
Hunter Higgins, Colliers - Brisbane
Hunter Higgins

8-year lease to Downer EDI Services Pty Ltd

Colliers is pleased to present this premier A-Grade fully leased commercial office building leased to ASX listed covenant Downer Group (ASX:DOW). The asset is ideally positioned in the heart of one of Brisbane's most affluent suburbs just 1.5km* from Brisbane CBD. Teneriffe continues to experience major gentrification which will positively influence the future growth potential of 49 Doggett Street.

Key features include:
- Site area of 2,386sqm
- NLA of 2,561sqm
- Tenanted by Downer Group on a 8-year lease expiry 2027 plus a 6 year option
- 8-Storey future development potential (STCA)
- Net income $1,137,682 per annum*
- Fixed 4% reviews
- 40 secure car parks (ratio 1:52sqm)
- 5 Star NABERS Energy Rating

49 Doggett Street, Teneriffe is offered for sale by Tender closing Thursday 8 April 2021 at 5pm.

For more information, please contact the exclusive agents at Colliers today.


49 Doggett Street, Teneriffe, Qld 4005

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