49 Doggett Street Teneriffe QLD 4005

Offices
2,561 m²
Sold

8-year lease to Downer EDI Services Pty Ltd

Net income $1,137,682 p.a*
4% fixed increases
8-storey development upside

Colliers is pleased to present this premier A-Grade fully leased commercial office building leased to ASX listed covenant Downer Group (ASX:DOW). The asset is ideally positioned in the heart of one of Brisbane's most affluent suburbs just 1.5km* from Brisbane CBD. Teneriffe continues to experience major gentrification which will positively influence the future growth potential of 49 Doggett Street.

Key features include:
- Site area of 2,386sqm
- NLA of 2,561sqm
- Tenanted by Downer Group on a 8-year lease expiry 2027 plus a 6 year option
- 8-Storey future development potential (STCA)
- Net income $1,137,682 per annum*
- Fixed 4% reviews
- 40 secure car parks (ratio 1:52sqm)
- 5 Star NABERS Energy Rating

49 Doggett Street, Teneriffe is offered for sale by Tender closing Thursday 8 April 2021 at 5pm.

For more information, please contact the exclusive agents at Colliers today.

*Approximately

TENDER

Closing date and time	Ask Agent
Recipient name	Ask Agent
Delivery address	Ask Agent

Colliers International Brisbane

Level 5/1 Eagle St

Brisbane City, QLD 4000

Property Highlights

Date Sold	2 Aug 2021
Floor Area	2,561 m²
Land Area	2,386 m²
Energy	5-star NABERS Energy rating
Parking	40 x Onsite parkings
Property ID	2016834942
Category	Offices Development / Land Other
Last updated	2 Aug 2021

Map for 49 Doggett Street Teneriffe QLD 4005

Nearest transport* to 49 Doggett Street Teneriffe QLD 4005

Bus

Train

Ferry

Harcourt St at Hough Lane	199 m
Commercial Rd near Leopold St, stop 12	218 m
Commercial Rd near Stratton St, stop 12	238 m
Harcourt St at Chester Street, stop 111	253 m

*Within a 4km radius

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Colliers International Brisbane

Level 5/1 Eagle St

Brisbane City, QLD 4000

Property Highlights

Date Sold	2 Aug 2021
Floor Area	2,561 m²
Land Area	2,386 m²
Energy	5-star NABERS Energy rating
Parking	40 x Onsite parkings
Property ID	2016834942
Category	Offices Development / Land Other
Last updated	2 Aug 2021

Listed by

Colliers International Brisbane

Call

07 3229 1233

More about 49 Doggett Street Teneriffe QLD 4005

49 Doggett Street Teneriffe QLD 4005 is categorized as Office. It has a floor area of 2,561 m². There are 40 x onsite parkings.The listing ID for this property is 2016834942.