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33 Park Road,
Milton, QLD 4064
Offices
Added 1 day ago
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Sale - Expression of Interest closing Wed 27 Nov
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Knight Frank - Brisbane
Level 22/12 Creek StBRISBANE CITY, QLD 4000
33 Park Road
Milton, QLD 4064
Map of 33 Park Road
Train stations within 5 km of 33 Park Road, Milton, QLD 4064 Distance Milton Station 252 m Auchenflower Station 963 m South Brisbane Station 1.5 km Roma Street Station 1.6 km Brisbane (Roma Street) Station, Platform 2 1.6 km POWERED BY HERE ©Bus stops within 5 km of 33 Park Road, Milton, QLD 4064 Distance Park Rd Near Fort Lane 121 m Milton Rd at Milton 220 m Coronation Dr at Auchenflower 251 m Milton Rd at Milton Rail Station 313 m Baroona Rd at Baroona Shops 316 m POWERED BY HERE ©
POWERED BY HERE ©
A-grade investment with unique value-add opportunity
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.
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.
Property ID: 504725092Last Updated: 31 Oct 2024
Knight Frank - Brisbane Level 22/12 Creek St
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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