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1 Florence Street
Teneriffe QLD 4005
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Sold on 3 Sep 2021

1 Florence Street Teneriffe QLD 4005

  • Shop & Retail
  • 911 m²
  • Sold

Inner Brisbane Trophy Asset

    JLL & Knight Frank are pleased to present for sale a landmark fully leased investment in the heart of Brisbane's most affluent suburb Teneriffe. 

    1 Florence Street comprises 911sqm* of net lettable area on a high profile corner site, with the below key investment highlights:

    Impressive freestanding asset with a 5.6 year* WALE (by income)
    1,072sqm* corner site with dual street frontage to Florence and Kent Streets, including exposure to the coveted Commercial Road precinct
    100% occupied by high quality covenants including Unifor Australia, Lava Ristorante, Vee Design and Odyssey Property Concierge
    Secure income profile with inbuilt rental growth via predominantly fixed reviews between 3.0 4.0%*
    Medium density residential zoning permitting significant future development (STCA)
    Located amongst Brisbane's most premium amenity including the Gasworks Precinct, James Street, Homemaker Centre, Emporium and The Calile Hotel all within 700m*

    Property Highlights

    Date Sold3 Sep 2021
    Floor Area911 m²
    Land Area1,072 m²
    ParkingOn site parking available
    Property ID2017202129
    Category
    Last updated  22 Mar 2022
    Map for 1 Florence Street Teneriffe QLD 4005

    Property Highlights

    Date Sold3 Sep 2021
    Floor Area911 m²
    Land Area1,072 m²
    ParkingOn site parking available
    Property ID2017202129
    Category
    Last updated  22 Mar 2022

    Co-Agents

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