On behalf of Dexus, Knight Frank & CBRE are pleased to present for sale a 100% interest in one of Brisbane's most iconic office assets - The Blue Tower Complex comprising the Tower & Annex at 12 Creek Street, Brisbane.
Occupying a high-profile position in Brisbane's 'Golden Triangle', The Blue Tower Complex comprising the iconic 12 Creek Street Tower and the recently completed Annex, offers a rare combination of scale and finesse underpinned by the following investment highlights:
Positioned in the absolute heart of the Golden Triangle on a 3,026sqm corner site with unrivalled access along three street frontages
A combined 38,573sqm of NLA over the 12 Creek Street Tower (31,541sqm*) + the recently completed Annex (7,103sqm*);
Total occupancy of 85.5%* (by NLA) with a 3.05 year* blended WALE providing secure returns with future growth opportunities
The complimentary asset fundamentals and the core CBD location will ensure The Blue Tower Complex is strongly positioned to capture the continued recovery of the Brisbane occupier market
Fully leased net income of $27,190,848*
5 Star NABERS Energy (Tower) and CBD Program Exception (Annex)
This is the maiden opportunity to acquire both buildings in one transaction and establish an immediate presence in one of Australia's most favourable markets.
A 100% freehold interest in The Blue Tower Complex, 12 Creek Street Tower and Annex is offered For Sale via International Expressions of Interest closing 4:00pm (AEST) Wednesday 6 October 2021.
For further information or to arrange an inspection please contact the appointed agents.