Knight Frank Australia is pleased to exclusively present 153 Elizabeth Street, Brisbane City.
Situated in one of Brisbane CBD's most tightly held retail precincts, rarely does a freehold investment opportunity of this nature come to the market.
153 Elizabeth Street is set to directly benefit from major Infrastructure development including the $3.6bn Queen's Wharf and the $6.9bn Cross River Rail project (Albert Street Station). Lying within a prime CBD occupier location this long-standing entertainment and retail asset is underpinned by its proximity to the Golden Triangle, Queen Street Mall and Midtown precincts.
The established retail property is occupied by renowned restaurateurs Sushi Edo and Bornga, complemented by high foot traffic thoroughfares in 150 Charlottle Street and 123 Albert Street's laneway retail offerings Located immediately neighbouring the asset.
- Fully Leased Net Income** underpinned by a 2.15-year WALE (by income).
- Offering 1,007sqm* of NLA across 3 levels with 2 lane way car spaces.
- 504 sqm* site area under PC1 Principal Centre Zoning with rear lane access via Charlotte Street.
- High quality tenants in Sushi Edo, with over 7 locations in Brisbane, alongside Bornga, home to over 90 locations across 10 countries globally who are currently refurbishing the entire level one tenancy for long term tenure.
- 153 Elizabeth Street lies at the CBD midpoint between Dexus' Waterfront development (2028) and the Queens Wharf development (2024).
153 Elizabeth Street, Brisbane is for sale via Expressions of Interest (EOI), closing Thursday 4:00 PM (AEST) 19 September 2024.
*Approx
** Rental Guarantee
