CBRE are pleased to exclusively present for sale the 'Castlemaine Perkins Building' at 418 Adelaide Street, Brisbane CBD a rare sub $20m freehold opportunity within the CBD, being offered for sale for the first time in over 40 years.
The 'Castlemaine Perkins Building' offers the following investment highlights;
+ Three level character building with car parking for 7 vehicles (2,399sqm* NLA / 3,050sqm* GFA), occupying a 1,489sqm* corner site fronting Adelaide Street & Clark Lane.
+ Adaptive reuse, repositioning and refurbishment opportunity with flexible PC1 Principal Centre zoning, suitable to a multitude of uses (STCA).
+ Huge location upside at the centre of Brisbane's CBD expansion with immediate proximity to the 'Golden Triangle' and 'Howard Smith Wharves'.
+ Leverage off Brisbane's population, employment and infrastructure mega boom.
+ Sustainable asset with 4.5-Star NABERS Energy rating
A 100% freehold interest in the 'Castlemaine Perkins Building' at 418 Adelaide Street, Brisbane CBD is offered For Sale via Offers to Purchase closing 4:00pm (AEST) Wednesday, 20 November 2024.
*All metrics are approximate