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5 Grevillea Place Brisbane Airport QLD 4008

  • Offices
  • 1,478 m²
  • For Sale, Contact Agent

HIGH PROFILE BUILDING IN AIRPORT & TRADECOAST AREA

  • Modern Office Building
  • Immediate value add opportunity
  • Brand new fit out in situ

CBRE has the exclusive privilege of offering a leasehold interest in 5 Grevillea Place, Brisbane Airport for sale.
The asset represents an opportunity to secure a high quality foothold in one of the countrys best performing office precincts.

- Total building NLA 1,478sqm* with 47 car spaces
- Potential fully leased net income $251,026 p.a*
- 66% leased with a two (2) year rental guarantee over the balance vacancy
- Situated in the Brisbane Airport precinct which has a vacancy rate of 0.9% (the 6th lowest of the 85 precincts surveyed by the PCA)
- Brisbane Airports $1.3 billion second runway is projected to increase the precincts economic footprint by $8.1 billion to $13.4 billion, and create an additional 7,800 jobs
- Passenger trips to Brisbane Airport expected to increase by 27.3 million per year, bringing the total to 50 million trips annually, by 2035
- BNE Auto Mall project (2.3 kms* from the asset) expected to attract an additional 1.4 million visits to the Airport Precinct each year by 2026

Parties interested in purchasing a leasehold interest in 5 Grevillea Place, Brisbane Airport are invited to
submit an Expression of Interest (EOI) by 4 p.m. (AEST) Tuesday, 13 November, 2018.

Property Highlights

Property ID2014701069
Floor Area1,478 m²
Land Area1,000 m²
Energy3.5-star NABERS Energy rating
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  19 Aug 2019
Map for 5 Grevillea Place Brisbane Airport QLD 4008
CBRE Brisbane
Waterfront Place, Level 3 1 Eagle Street Brisbane City QLD 4000

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