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50 Ann Street Brisbane City QLD 4000

  • Offices
  • 25,519 m²
  • For Sale, Contact Agent

Secure State Government Leased Investment Opportunity

  • 99.5% Leased to the State of Queensland
  • Expansive 1,000sqm+ Floor Plates
  • 4.5-star NABERS Energy rating

50 Ann Street is for sale via an Expressions of Interest campaign closing Tuesday 3rd November 2020 at 3pm (AEST). The 25,519 square metre building offers expansive 1,000 sqm+ central core floor plates with excellent views and natural light. S trategically positioned within 500 metre s of $12.8 billion in infrastructure renewal including key projects Brisbane Live, Cross River Rail and Queens Wharf and 80 Ann Street, 50 Ann Street is set to benefit from this unprecedented development prior to the expiry of the current lease term .

Key attributes of 50 Ann Street include:
Fully leased (NLA) building, 99.5% occupied by the Queensland State Governments Department of Justice and Attorney-General for over 40 years
Strong tenant retention fundamentals underpinned by its immediate proximity to the Magistrates, District, Supreme and Commonwealth Courts as well as the Queensland Police Headquarters
Queensland State Government benefit from sole occupancy of the asset which is critical for the security requirements of the tenant
Commanding 2,198 square metre corner landholding with over 90 metre of street frontage
Approximately $10 million of committed capital expenditure for a recently completed End-of-trip facility, mechanical and electrical upgrades and access/security upgrades
Passing net income of $15,887,770 with a 4.1-year WALE (as at 1 November 2020)
NABERS energy rating of 4.5-star

Property Highlights

Property ID2016083394
Floor Area25,519 m²
Land Area2,198 m²
Energy4.5-star NABERS Energy rating
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
Last updated  29 Sep 2020
Map for 50 Ann Street Brisbane City QLD 4000
Map for 50 Ann Street Brisbane City QLD 400050 Ann Street Brisbane City QLD 4000
JLL Brisbane
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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