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33 Longland Street Newstead QLD 4006

  • Hotel / Leisure
  • Floor Size2,951 m²
  • PriceFor Sale, Must be SOLD!

Trophy investment for sale - expressions of interest

This landmark, historic, former Woolstore building is ideally located opposite the Gasworks precinct. It has a great vibe and a variety of tenancies and end of use facilities.

* 2,950sqm^ NLA across 3 levels
* Net passing income of $1,613,589^p.a. (as at 1 November, 2018)
* 1,504sqm^ land parcel commanding a dominant corner position
* Prized heritage listed asset
* Unrivaled reset costs with sub-10% incentives and consistently strong rental growth
* Multiple strategies available for further value creation including under-utilized existing area and current DA to further develop on surplus land
* Clear potential to increase current rental based on recent surrounding deals
* Diverse tenancy profile with majority of the income secured by a number of long standing tenants
* Ideally positioned in the heart of Brisbane's most desired mixed-use precinct directly opposite Gasworks & within 1.9km* of the Brisbane CBD
* NABERS Rating: 4.5 stars

Please call Your Commercial to arrange an inspection.

Highlights:
* Trophy Investment
* Former Woolstore
* Net passing income of $1,613,589^pa

Property Highlights

Property ID2013770973
Floor Area2,951 m²
Land Area1,504 m²
EnergyAsk Agent
Parking31 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  15 Feb 2019
Map for 33 Longland Street Newstead QLD 4006
Your Commercial
U1/50 Commercial Road Newstead QLD 4006

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