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157 Ann Street
Brisbane City QLD 4000
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Sold on 28 Sep 2022

157 Ann Street Brisbane City QLD 4000

  • Offices
  • 6,576 m²
  • Sold

FULLY REFURBISHED OFFICE TOWER LOCATED 100M FROM CENTRAL STATION

  • $7.8m recent CAPEX
  • 6,576sqm NLA over 14 levels
  • $3.4m fully leased net income

Offering a completely refurbished boutique asset with strong leasing momentum, 157 Ann Street is a 6,576 sqm office tower that presents significant upside in a prime CBD location.

CBRE and Colliers International are delighted to offer 157 Ann Street, Brisbane to the market, underpinned by the following investment highlights:

Boutique CBD office tower totalling 6,576sqm NLA over 14 levels
Positioned 100m from Central Station and King George Square, offering outstanding connectivity
$7.8m recent CAPEX program including upgrades to lift services, new end of trip facilities, upgraded foyer and on-floor works
Provides a competitive entry point for smaller occupiers with flexible floor ranging from 433 sqm (tower) to 717 sqm (podium), ideally suited to the most active segment of the Brisbane occupier market
Strong leasing momentum with 44% of occupied NLA reset in the last 12 months, with the ability to continue leasing program and realise immediate upside
$3.4m of fully leased net income

For more information or to arrange an inspection, please contact the listed agents.

For Sale via Expression of Interest Closing Thursday 23 June 2022 at 4.00 pm (AEST).

Property Highlights

Date Sold28 Sep 2022
Floor Area6,576 m²
Land Area944 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Property ID2017830593
Category
Last updated  9 Feb 2024
Map for 157 Ann Street Brisbane City QLD 4000

Property Highlights

Date Sold28 Sep 2022
Floor Area6,576 m²
Land Area944 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Property ID2017830593
Category
Last updated  9 Feb 2024

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