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Property Description
JLL Metro Sales & Investments QLD & Elders Commercial Brisbane have the pleasure to offer for sale 29 Helen Street, Teneriffe – a fully leased investment in one of Brisbane’s most sought after and resilient inner-city precincts.
The freestanding, two level converted warehouse benefits from a synergistic interplay between attractive features from its past including exposed timber beams and brick work, along with the impressive recent fit out providing a modern, desirable and functional space to work.
For sale via Expressions of Interest closing 18 February 2021 at 4pm (AEST)
Investment Highlights
- 100% leased to Rexlabs – a leading multinational technology company
- $465,254* + GST annual net income with minimum 4% yearly rental growth
- Freestanding two-storey converted warehouse providing a modern and highly functional work space
- Flexible mixed use zoning allowing for development upside and future repositioning potential (STCA)
- Surrounded by world-class amenity including Gasworks Precinct, James Street and a vibrant mix of retail, café, dining and entertainment offerings
- Short two minute walk to Teneriffe Ferry terminal providing high frequency CityCat services to other major Brisbane precincts
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