120 Edward StreetBrisbane City QLD 4000
Property Details for 120 Edward St, Brisbane City
Last Listing description (November 2023)
Situated on Brisbane's best elevated and commanding corner position, bordering the Golden Triangle precinct, 120 Edward Street offers an opportunity to acquire a prominent CBD office asset with the following investment highlights;
+ Panoramic vantages overlooking the Brisbane CBD, with unimpeded views of St Stephen Cathedral towards Eagle Street, city Botanic Gardens & Kangaroo Point.
+ Strong leasing momentum, with more than 2,165 sqm of new leases secured since June 2023, which represents circa 14.3% of the building.
+ Exceptional asset fundamentals, including a central core design, coupled with column-free floor plates, low sill heights, and generous windows, as well as an End of Trip facility and base building upgrades/refurbishments ($15M+) through all levels.
+ 5.0-star NABERS energy rating.
Please contact the CBRE agents for details.
Property History for 120 Edward St, Brisbane City, QLD 4000
- 14 Jun 2024Sold for $119,000,000
- 01 Aug 2023Listed for Sale For Sale - Contact Exclusive CBRE Agents
- 13 Jun 2017Sold for $141,275,250
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0About Brisbane City 4000
The size of Brisbane City is approximately 2.5 square kilometres. It has 15 parks covering nearly 18.2% of total area. The population of Brisbane City in 2011 was 7,888 people. By 2016 the population was 9,467 showing a population growth of 20.0% in the area during that time. The predominant age group in Brisbane City is 20-29 years. Households in Brisbane City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brisbane City work in a professional occupation. In 2011, 40.5% of the homes in Brisbane City were owner-occupied compared with 36% in 2016.
Brisbane City has 12,279 properties. Over the last 5 years, Houses in Brisbane City have seen a -11.52% decrease in median value, while Units have seen a 42.85% increase. As at 31 October 2024:
- The median value for Houses in Brisbane City is $543,544 while the median value for Units is $695,719.
- Houses have a median rent of $710 while Units have a median rent of $749.
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