Affordable New Farm Value-Add Investment

599 Brunswick Street, New Farm, Queensland 4005

Office For Sale

Offers
Land Area: 830.00 m2.    Floor Area: 936.00 m2.    

Building Class: B

Description

Colliers International are pleased to present to the market 599 Brunswick Street, New Farm. This asset represents the opportunity to secure an irreplaceable mixed-use investment, on the cusp of Brisbane’s CBD, ideally positioned in one of Brisbane’s most affluent suburbs.

Key features include:

• Prominent 830m²* corner allotment
• Net income $216,406pa* (potential fully leased income $416,370*)
• Risk averse mix of ground floor retail, office and 17 one-bedroom accommodation suites
• High profile corner position at the gateway to New Farm
• Unrivalled 20 at grade car parks*
• Expansive 25m* frontage to Brunswick Street, 30m* frontage to Bowen Street
• Zoned DC1 District Centre (code assessable to 4 storeys)~
• Walking distance to the new Howard Smith Wharves redevelopment
• Significant value-add and redevelopment outcomes~
• Situated in one of Brisbane’s few ‘Blue-Chip’ suburbs with a median house price of $1,586,000

For further information or to arrange an inspection, please contact the exclusive marketing agents below.

*Approx
~STCA (Subject to Council Approval)

Features

  • 830m²* site area
  • 936m² NLA
  • Value-add, re-position, owner-occupy

Map

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