CBRE and Cushman & Wakefield are pleased to present 1 Breakfast Creek Road, Newstead to the market. This fully leased, multi-tenanted mixed-use opportunity provides the following key benefits;
6,904sqm mixed-use complex across two buildings office tower (6,034sqm) and retail banking chambers (870sqm)
Substantial 5,981sqm* land bank opportunity with enormous exposure to 65,000* vehicles per day
Located within the Gasworks precinct and five-minutes' walk to James Street
High profile corner site in the urban renewal precinct, minutes from the CBD
87m of frontage to Breakfast Creek Road, 81m to Longland Street and 27m to Skyring Terrace
Value-add potential through flexible zoning allowing for 25 storeys (STCA)
Opportunity to progressively add GFA via the retail pad site in the short-medium term and redevelop the existing tower in the future to capitalise on the high-density zoning
Large flexible floor plates of up to 1,300sqm* and excellent natural light
Excellent car parking ratio of 1:47
Recent CAPEX including ground level upgrade works completed including lobby area activation
100% leased with 3.38 year* WALE offering staggered lease expiries and fixed annual increases
Fully leased income of $3,651,923 p.a.*
1 Breakfast Creek Road is being offered For Sale via Expressions of Interest closing Thursday 17 March 2022 4:00pm (AEST).