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Brisbane City, 63 Adelaide Street

Sellers Are Very Keen to Receive Offers NOW

Price by Negotiation over $13,500,000

Listing Number: QIC160405
About this listing
A rare opportunity for any investor looking to make their mark on the This freehold property offers a savvy investor a rare opportunity to invest now before Brisbane prices take off.

Adelaide Street, and this area of the city is alive with vibrant growth. Retail and hospitality energy is very apparent, with leasing taken up by the big retailers.

Customer interest in this area of the city is supported by the Albert Street Pedestrian Mall, King George Square, undercity transport options and an array of interesting retailers.
This is genuinely a serious opportunity to invest and develop in location prior to the inevitable growth that Brisbane's CBD is going to experience.

Features Include:
- Prime Retail Location - Opposite Brisbane City Hall
- Not Heritage listed
- Floor area 1,266m2
- Very stable tenancy
- 100% tenanted investment
- Gross Revenue P.A at $1,094,978
- Town planning advice is a 20 metre height limit is at the street frontage with possibly up to 12 stories at the rear.
- Total Site Area 422m2
- Walking Distance to Queen Street Mall, Treasury Casino, Myer Centre and King George Square
- Adelaide Street has increasingly become a destination precinct in Brisbane's CBD.

To find out more information and inspect this property, please call me on 0475 065 822 or email on margo.mclay@harcourts.com.au. The owners have given clear instructions; present all serious offers.
Property Information
  • Floor Area: 422 sqm
  • Property Type: Land, Tourism / Motel / Hotel, Office, Other (Development), Retail
  • Floor Area
    • Office Square Metres: 1266

Contact Details

Harcourts Solutions - Inner City

60 Leichhardt Street
Spring Hill
Office website

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