Market-leading Medical Office Building in Brisbane's Premier near-city precinct
Knight Frank are pleased to exclusively present for sale 'Humanity Place', a leading medical office building located at 49 Park Road, Milton, Queensland.
Positioned on a prominent corner parcel with two street frontages, Humanity Place comprises 2,47 5sqm of NLA and is 100% occupied by 3 tenants. The elevated site was unimpacted by the 2011 or 2022 flood events.
The key investment attributes of Humanity Place are as follows:
- 2,475 sqm Net Lettable Area across 3 levels
- Net passing income of $1,404,369 p.a.* (ex. GST)
- 4.0* Year WALE
- 3 tenancies including the Australian Red Cross' Queensland headquarters, Advara Heartcare, CDI Lawyers
- 1,902 sqm freehold corner site unimpacted by recent flood events
- Significant future development potential (STCA)
- 66 secure carparks (1:37.5sqm)
- 5-Star NABERS rating
*Approximately, as at 1 July 2025
Humanity Place serves as the Queensland headquarters for the Australian Red Cross, with community health, first aid training, disaster recovery co-ordination, administration and logistics being run from this location. Additionally, the building accommodates Advara Heartcare, a leading national cardiology practice, with consulting, ECG and stress echo testing being conducted onsite, plus CDI Lawyers in a commercial office tenancy.
Milton is widely regarded as Brisbane's premier near-city office precinct, with significant arterial road and public transport connectivity nearby including the Inner City Bypass, Milton Citycat ferry terminal, Railway station and bikeways. The renowned Park Road dining strip provides a high level of dining amenity, with the broader Milton precinct entering a phase of significant densification as surrounding office assets have recently been approved for redevelopment ranging in heights between 20 37 storeys.
Humanity Place is offered for sale by Expressions of Interest closing 3:00pm on Thursday, 12th June 2025. For further information please contact the marketing agents.
