126 Margaret Street, BRISBANE CITY QLD 4000
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- 24 Sep 2016
FOR SALE - 126 Margaret Street, Brisbane | A Smarter Investment
On behalf of Investec, CBRE has the exclusive privilege of offering 126 Margaret Street, Brisbane For Sale.
We summarise the key features of the property as follows:
• Net income of $2.7 million p.a.* (as at 1 October, 2016)
• $9.5 million* refurbishment program completed in 2016
• 4.4 year WALE (by income, as at 1 October, 2016)
• 53% of the building leased over the past twelve months
• 150 metres* from the Queens Wharf Casino Precinct development
• No major lease expiries until after the scheduled completion of Queens Wharf in 2022
• 9B building classification permitting educational uses
• 300 metres from Queensland University of Technology (48,500 students)*
Parties interested in purchasing 126 Margaret Street, Brisbane are invited to lodge an Expression of Interest ("EOI") by 4 p.m. Thursday, 27 October, 2016.
For more information, please contact the exclusive marketing agents.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
126 Margaret Street BRISBANE CITY