49 Doggett Street Teneriffe QLD 4005

Colliers is pleased to present this premier A-Grade fully leased commercial office building leased to ASX listed covenant Downer Group (ASX:DOW). The asset is ideally positioned in the heart of one of Brisbane's most affluent suburbs just 1.5km* from Brisbane CBD. Teneriffe continues to experience major gentrification which will positively influence the future growth potential of 49 Doggett Street.

Key features include:
- Site area of 2,386sqm
- NLA of 2,561sqm
- Tenanted by Downer Group on a 8-year lease expiry 2027 plus a 6 year option
- 8-Storey future development potential (STCA)
- Net income $1,137,682 per annum*
- Fixed 4% reviews
- 40 secure car parks (ratio 1:52sqm)
- 5 Star NABERS Energy Rating

49 Doggett Street, Teneriffe is offered for sale by Tender closing Thursday 8 April 2021 at 5pm.

For more information, please contact the exclusive agents at Colliers today.

*Approximately