Knight Frank is pleased to exclusively present For Sale the commercial component of ‘South Central’, located at 43 Peel Street, South Brisbane.
Offered as one of the few A-Grade commercial investments of quality currently available within South East Queensland. South Central presents the perfect opportunity to secure premium returns, and is perfectly positioned on a major corner site within South Brisbane. With a diversified cash flow underpinned by State Government and not-for-profit organisations, the Property offers the following key investment highlights:
• 94.4% occupied with a 2.73 year WALE (by income);
• 2,759 sqm* of well-appointed, A-Grade office space supported by 97 sqm of ground floor retail;
• Net passing income of $1,203,500 p.a*.;
• In built rental growth via favourable 3.00% - 4.00% fixed reviews;
• Strategic position within South Brisbane, the cultural hub of South East Queensland providing world class tenant amenity;
• Direct access to a range of transport options; and
• NABERS Exempt.
Please contact the exclusive Knight Frank marketing agents for further information.
South Central is For Sale via Expressions of Interest closing at 4pm (AEST) on Thursday 10 September 2020.
Knight Frank is pleased to exclusively present For Sale the commercial component of ‘South Central’, located at 43 Peel Street, South Brisbane.
Offered as one of the few A-Grade commercial investments of quality currently available within South East Queensland. South Central presents the perfect opportunity to secure premium returns, and is perfectly positioned on a major corner site within South Brisbane. With a diversified cash flow underpinned by State Government and not-for-profit organisations, the Property offers the following key investment highlights:
• 94.4% occupied with a 2.73 year WALE (by income);
• 2,759 sqm* of well-appointed, A-Grade office space supported by 97 sqm of ground floor retail;
• Net passing income of $1,203,500 p.a*.;
• In built rental growth via favourable 3.00% - 4.00% fixed reviews;
• Strategic position within South Brisbane, the cultural hub of South East Queensland providing world class tenant amenity;
• Direct access to a range of transport options; and
• NABERS Exempt.
Please contact the exclusive Knight Frank marketing agents for further information.
South Central is For Sale via Expressions of Interest closing at 4pm (AEST) on Thursday 10 September 2020.
*Approx