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331 George Street Brisbane City QLD 4000

  • Offices
  • 900 m²
  • Expressions of Interest

Trophy Landmark CBD Asset anchored by 7 Eleven

Colliers International is pleased to exclusively offer for sale, 331 George Street, Brisbane City.

331 George Street is a irreplaceable landmark heritage building prominently positioned on the corner of George and Turbot streets opposite the Brisbane Law Courts and within walking distance to Cross River Rail, Queens Wharf and Brisbane Live developments.

Key features of the asset include:

- Long Established corporate 7-eleven on 8 year lease (expiry 2026)
- Total NLA 900m²* over 4 levels including basement
- Ideally positioned directly adjacent Magistrate, Supreme and District Courts
- Hannay Lawyers 10 year & Guest Lawyers 11 year established law firms
- Current net income: $471,342* per annum
- Just 500m* to Queens Wharf Casino, Brisbane Live & Cross River Rail developments
- Zoning: PC1 Principle Centre (City Centre) with development upside (STCA)
- Additional income capacity through signage $50,000* pa (STCA)
- High exposure to vehicular and pedestrian traffic flow over 150,000 (approx.) vehicles passing weekly
- Heritage Building with high ceilings, bay windows and exposed timber beams
- Value-add potential with 220m²* basement that could be converted to restaurant, wine bar etc

331 George Street, Brisbane City is offered for sale via National Expressions of Interest closing Thursday 10 October 2019 at 4pm.

*Approximately
STCA - Subject to Council Approval

EXPRESSION OF INTEREST

Closing date and time10/10/2019 16:00
Recipient nameHunter Higgins
Delivery addressColliers International, Level 30, 111 Eagle Street, Brisbane City

Property Highlights

Property ID2015626108
Floor Area900 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual Return471372%
AvailabilityTenanted
Category
Last updated  9 Sep 2019
Map for 331 George Street Brisbane City QLD 4000
Colliers International - Brisbane
Level 30 111 Eagle Street Brisbane City QLD 4000

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