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Description: -776m²* NLA over 5 levels with an additional 64m²* of Exclusive Use and amenities (GFA).
-Fully Leased Net Income of $458,724* per annum.
-2.8 year* WALE by income (as of Aug 2024).
-Rare opportunity to acquire a sub-$10 million Freehold building in the heart of the CBD.
-Unrivalled location set to benefit from the Kangaroo Point Green Bridge, Albert Street Cross River Rail station, and Waterfront Brisbane-all within a 2-minute* walk.
-Major tenant 'Escape Manor' voted in the top 10% of attractions worldwide.
-Exceptional character features with significant tenant interest in well-presented heritage buildings.
Positioned in the prestigious "Port Office" precinct of the Brisbane CBD, 51 Edward Street offers a rare opportunity to secure a 4-storey iconic heritage-listed building. Boasting timeless charm and an envious location directly adjacent to the popular Port Office Hotel, this property is just a stone's throw away from the bustle of the city's primary financial and retail hubs.
This trophy asset presents an excellent opportunity for High Net Worth investors, property syndicates, and funds to secure a fully leased freehold with a diverse and high-performing tenant profile. With the upcoming infrastructure boom surrounding the property-including the Cross River Rail and Waterfront Brisbane-the potential for capital growth and long-term rental security is unmatched in this price bracket.
A flexible heritage layout combined with a prime Edward Street address makes this one of the most attractive and unique commercial purchases available in today's market. The owners have provided clear instructions to sell this exceptional piece of Brisbane history.
*Approximate figures only.
Address: 51 Edward Street, Brisbane City, QLD 4000
Price: Offers to Purchase
Inspect: By Appointment
Contact:
Peter Huang & Harvey Huang
0418 888 889 / 0401 026 693
peter.huang@yong.com.au
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
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