123 Melbourne Street South Brisbane QLD 4101

JLL's Metropolitan Sales & Investments Team is pleased to present to the market an exceptional investment opportunity in the heart of South Brisbane with repositioning/redevelopment upside.
Ideally positioned along the main arterial through South Brisbane, and benefitting from three street frontage including onto vibrant Fish Lane, 123 Melbourne Street is tenanted by ASX listed covenant Commonwealth Bank (ASX:CBA).
The favourable net lease structure with fixed annual increases provides the incoming purchaser with security and prospects of future upside potential.

123 Melbourne Street, South Brisbane, is being offered for sale via Public Auction to be held onsite Wednesday 22 September 2021 at 10:30am (AEST).

Secure investment opportunity leased to ASX:CBA until October 2024
Favourable net lease structure providing $321,300* per annum plus GST with 3.5% fixed annual reviews
Functional single level building with unrivalled exposure to Melbourne Street
Ideally located in the heart of South Brisbane's thriving mixed use precinct
Beneficial three street frontage to Melbourne Street, Cordelia Street and Fish Lane 
Flexible PC1 Principle Centre Zoning accommodating a range of end uses 
*Approximately