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162 Albert Street
Brisbane City QLD 4000
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Sold on 13 May 2021

162 Albert Street Brisbane City QLD 4000

  • Shop & Retail
  • 3,164 m²
  • Sold

Brisbane's most prime retail corner

    JLL, in conjunction with Richard Morrison Project Consulting, are pleased to exclusively present 162 Albert Street to the market. The property offers a dual retail & office asset with ultra-prime frontage at the intersection of Queen, Albert and Elizabeth Streets in the heart of Australia's busiest pedestrian mall. Situated at the epicentre of the Brisbane central business district, the asset is perfectly positioned to leverage the $12 billion of city shaping infrastructure projects planned for Brisbane. We note the following investment highlights:

    3,160sqm* office & retail asset on Brisbane's best retail corner, opposite Queen Street Mall and adjacent to the oncoming Albert St Train Station
    WALE of 5.01* years (by income) across only three tenants, anchored by the international giant JD Sports a global brand with over 2,500 outlets worldwide
    911sqm* site zoned PC1 principal Centre (city centre)
    Fixed annual income growth of between 3.00% and 4.00%
    Poised for growth off the back of immediate proximity to Brisbane's major upcoming infrastructure projects, including Queens Wharf (250m) and the Cross River Rail's Albert St Staiton (adjacent)
    Net income of $1,237,393 per annum as at 1 April 2021

    The property is being offered For Sale via International Expressions of Interest closing 4:00pm (AEST) Thursday 6 May 2021. Please contact the exclusive agents for further information

    Property Highlights

    Date Sold13 May 2021
    Floor Area3,164 m²
    Land Area911 m²
    EnergyAsk Agent
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016921770
    Category
    Last updated  14 Jul 2021
    Map for 162 Albert Street Brisbane City QLD 4000

    Property Highlights

    Date Sold13 May 2021
    Floor Area3,164 m²
    Land Area911 m²
    EnergyAsk Agent
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016921770
    Category
    Last updated  14 Jul 2021
    Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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