123 Breakfast Creek Road,
Newstead, QLD 4006

For Sale via Expressions of Interest
Closing Thursday 21 April 2022 3pm (AEST)

- Opportunity to occupy, invest or redevelop
- Situated in one of Brisbane's most exciting lifestyle precincts just 2.5 kilometres* from the CBD and surrounded by some of Brisbane's most affluent suburbs, bordered by the Brisbane River and Fortitude Valley (entertainment and commercial precinct)
- High profile 1,051m²* commercial building, with onsite car parking for 15 bays*
- 82% occupancy (188m²* vacancy)
- <1 year* WALE (Weighted Average Lease Expiry)
- Passing net income $202,584 per annum*
- Estimated net income fully leased $258,984 per annum*
- Prominent 852m²* site with over 58 metres* of street frontage to Breakfast Creek Road and Maud Street
- 500 metres* from Bowen Hills train station (1 of only 4 major train stations in Brisbane) and 50 metres* from bus stations (inbound and outbound)
- 600 metres* from Newstead River Park Precinct (including Gasworks and Haven) and 350 metres* from the recently-completed Mercedes-Benz Lifestyle Precinct
- Set to benefit from the new Newstead North Neighbourhood Plan, the recently completed Kingsford Smith Drive Upgrade Project, the new $67 million* Breakfast Creek Green Bridge (completion 2023), and the soon to be developed $300 million* Breakfast Creek Quarter project and proposed $600 million* Newstead Green project
- 2032 Olympic Games: Located just 800 metres* from the planned new 12,000 seat capacity "Brisbane Indoor Sports Centre" earmarked for the Albion Park raceway site
- Huge potential for future development and capital growth in booming precinct in one of Brisbane's most exciting precincts underpinned by strong fundamentals and demographics


*Approximately