33 Park Road Milton QLD 4064

Knight Frank as exclusively appointed agents is pleased to present the opportunity to acquire a 100% freehold interest in 33 Park Road, Milton, an A-grade office investment on one of Milton's premier corner sites.

33 Park Road is positioned within the heart of the renowned Park Road precinct and benefits from immediate access to the Brisbane CBD, major transport infrastructure and an abundance of retail amenity, supported by high occupancy and quality occupier covenants.

Atop a prominent 4,715sqm*^ corner site with three street frontages, the asset provides long-term land value preservation. Offering significant potential for future development opportunities, along with the ability to capture future rental growth, 33 Park Road allows an incoming purchaser to capitalise on Brisbane's growth trajectory.

Key Investment Highlights:

98%* occupancy underpinned by national and international occupier covenants.
Total NLA of 7,232sqm* (5,760sqm* of office and 1,472sqm* of retail).
Secure net passing income of $4.1m* per annum.
Generous on-site parking for 186 bays, offering one of Milton's best car parking ration (1:39 bays per sqm).
Expansive 4,715sqm*^ landholding with three street frontages.
5-star NABERS Energy rating & 4-star NABERS Water rating.

33 Park Road, Milton is for sale via Expressions of Interest, closing Wednesday 27th November 2024 at 2pm (AEST).

*All metrics are approximate and as at 1 December 2024.
^Site area includes 14 Gordon Street.