5 Grevillea Place Brisbane Airport QLD 4008
- 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.
|Floor Area||1,478 m²|
|Land Area||1,000 m²|
|Energy||3.5-star NABERS Energy rating|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||19 Aug 2019|