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1 Breakfast Creek Road
Newstead QLD 4006
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Sold on 1 Jun 2022

1 Breakfast Creek Road Newstead QLD 4006

  • Offices
  • 6,904 m²
  • Sold

ONE OF INNER BRISBANE'S MOST PROMINENT & DYNAMIC MIXED USE ASSETS

  • 100% leased 6,904sqm mixed-use complex
  • 5,961sqm site area with significant de
  • Located in Gasworks precinct

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).

Property Highlights

Date Sold1 Jun 2022
Floor Area6,904 m²
Land Area1 m²
Energy2.5-star NABERS Energy rating
ParkingOn site parking available
Property ID2017598589
Category
Last updated  31 Aug 2022
Map for 1 Breakfast Creek Road Newstead QLD 4006

Property Highlights

Date Sold1 Jun 2022
Floor Area6,904 m²
Land Area1 m²
Energy2.5-star NABERS Energy rating
ParkingOn site parking available
Property ID2017598589
Category
Last updated  31 Aug 2022

Co-Agents

Peter Court
Cushman & Wakefield Brisbane
Call
0402 479 925
Mike Walsh
Cushman & Wakefield Brisbane
Call
0401 059 741

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