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40 Nile Street, Woolloongabba, Qld 4102

40 Nile Street, Woolloongabba, Qld 4102

Offices Medical/Consulting Land/Development

  • For Sale
  • Contact Agent
  • Expression of Interest

  • Land Area
  • 607.00 m² (approx)
  • Floor Area
  • 877 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Feb 25, 2020
  • Zoning
  • Mixed Use - Inner City

Interested in this property? Contact an Agent today

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street

Brisbane City Qld 4000

Elliott O'Shea, JLL - Brisbane
Elliott O'Shea

Prime Inner City Investment - Triple Net Lease

JLL Metro Sales & Investments are pleased to present to the market 40 Nile Street, Woolloongabba QLD. Strategically located within the vibrant and fast evolving Woolloongabba precinct, this rare investment opportunity features the below key attributes;

• Prominent two level freestanding office building providing 877sqm* of high quality NLA;
• Brand new 5 + 5 year triple net lease with 2.5% fixed annual increases;
• Underpinned by longstanding tenant The Post Lounge - established in 1979;
• Prime 607sqm* site located within immediate proximity of the $5.4bn Cross River Rail (Woolloongabba Station Precinct);
• Favourable Mixed Use zoning providing future development upside (STCA);
• Strategically positioned only 150m* from Gabba Sports Stadium and 2km*to the Brisbane CBD;
• Net income of $240,672p.a.* (as at 29 February 2020)
*Approximately

For Sale via Expressions of Interest closing Thursday 20 February 2020 at 4:00pm (AEST).

40 Nile Street, Woolloongabba, Qld 4102

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