116 Adelaide Street is a modern 16 storey building comprising of a Ground Floor, 3 x Basement levels of car parking and 15 upper levels of office accommodation. The building has been undergoing a refurbishment to the amenities, foyer and office tenancies updating its appearance and overall functionality. Features of the building include: Fully fitted-out space with brand new finishes & amenities, Quality finishes with refurbished toilets with showers, new ceiling tiles and carpet, proximity to all staff amenities and public/private transport options, very attractive Incentive packages on offer, full-floor & part-floor tenant opportunities.
Knight Frank is pleased to exclusively present for sale 116 Adelaide Street, Brisbane.
116 Adelaide Street is one of Brisbane CBD's most ideal core commercial investments having enjoyed a strong leasing track record complemented by a substantial recent refurbishment that has seen the building reach 100% occupancy.
* 100% occupied with a 3.57* year WALE
* Net Income of $3,445,085* per annum
* 16-storey building with an NLA of 6,757 sqm*
* Underpinned by an outperforming occupier market and historically low CBD vacancy
The property is being offered for sale via International Expressions of Interest closing Thursday 11 April at 4pm (AEST).
Purchasers are encouraged to contact the Knight Frank marketing agents for further information.
* Approximately
