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159 Coronation Drive and 5 Cribb Street Milton QLD 4064

  • Offices
  • 5,218 m²
  • For Sale, Contact Exclusive Agents

PRIZED LAND RICH RIVERFRONT OFFICE INVESTMENT

  • Two 100% leased offices
  • 5,218sqm* NLA with 4.65 year WALE
  • Recent $8 million* capital works program

Located in a highly connected near city office precinct well known for attracting quality covenants, 159 Coronation Drive & 5 Cribb Street offer a secure investment prospect with enormous upside underpinned by a 3,624sqm riverfront landholding. Offering two separate towers with a mix of global, national and local tenants, the properties present a diversified, clean cashflow having recently undergone an extensive capital works program.

CBRE, on behalf of Wallum Partners, is delighted to offer 159 Coronation Drive & 5 Cribb Street to market, supported by the following investment highlights;

+ Two 100% leased office buildings totalling 5,218sqm NLA with 4.65 year WALE*
+ High profile riverfront office with unimpeded views of the Brisbane River and CBD
+ Immaculate presentation following an $8 million* capital works program
+ High ceilings with abundant natural light throughout
+ Brand new leases to global covenants, including Alstom and Boral
+ Potential for high density future development underpinned by the large 3,624sqm riverfront corner landholding
+ Close proximity to all major public transport and direct access to the Bicentennial bikeway
+ Enormous car parking allocation with 123 car park bays (1:42 bays/sqm)
+ 5.5 star NABERS Energy Rating (159 Coronation Drive) and 4.0 star NABERS Energy Rating (5 Cribb Street)

CBRE is pleased to present 159 Coronation Drive & 5 Cribb Street, Milton for sale via Expressions of Interest, closing Thursday 26th May 2022 at 4PM (AEST).

*Approximately as at 1 May 2022

Property Highlights

Floor Area5,218 m²
Land AreaAsk Agent
Energy5.5-star NABERS Energy rating
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017764029
Category
Last updated  28 Apr 2022
Map for 159 Coronation Drive and 5 Cribb Street Milton QLD 4064

Property Highlights

Floor Area5,218 m²
Land AreaAsk Agent
Energy5.5-star NABERS Energy rating
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017764029
Category
Last updated  28 Apr 2022
Waterfront Place, Level 3 1 Eagle Street Brisbane City QLD 4000
Jack Morrison
Jack Morrison
CBRE Brisbane
Adelaide O'Brien
Adelaide O'Brien
CBRE Brisbane

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