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*