49 Doggett Street,
Teneriffe, QLD 4005

Offices • Development Sites & Land • Other

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Colliers - Brisbane

Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000

04069979...

49 Doggett Street

Teneriffe, QLD 4005

04069979...

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8-year lease to Downer EDI Services Pty Ltd

Net income $1,137,682 p.a*
4% fixed increases
8-storey development upside

Colliers is pleased to present this premier A-Grade fully leased commercial office building leased to ASX listed covenant Downer Group (ASX:DOW). The asset is ideally positioned in the heart of one of Brisbane's most affluent suburbs just 1.5km* from Brisbane CBD. Teneriffe continues to experience major gentrification which will positively influence the future growth potential of 49 Doggett Street.

Key features include:
- Site area of 2,386sqm
- NLA of 2,561sqm
- Tenanted by Downer Group on a 8-year lease expiry 2027 plus a 6 year option
- 8-Storey future development potential (STCA)
- Net income $1,137,682 per annum*
- Fixed 4% reviews
- 40 secure car parks (ratio 1:52sqm)
- 5 Star NABERS Energy Rating

49 Doggett Street, Teneriffe is offered for sale by Tender closing Thursday 8 April 2021 at 5pm.

For more information, please contact the exclusive agents at Colliers today.

*Approximately

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Property ID: 503771418Last Updated: 1 Aug 2021

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Colliers - Brisbane

Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000