55 Elizabeth StreetBrisbane City QLD 4000
Property Details for 55 Elizabeth St, Brisbane City
Last Listing description (June 2023)
JLL are pleased to exclusively present for sale a 100% freehold interest in 55 Elizabeth Street, Brisbane, QLD.
Occupied by the Commonwealth of Australia (ATO), 55 Elizabeth Street offers one of the most secure income streams of any investment opportunity nationally, underpinned by the following investment highlights;
Purpose-built for the Australian Taxation Office, who occupy the entire office component on a 1st Generation lease
Award winning Modern Trophy Asset, designed by BVN and completed in 2013
Secure income backed by the strongest tenant covenant nationally the Commonwealth of Australia one of only 11 nations globally awarded a AAA credit rating
High yielding cash flow with fixed 3.75% - 4.00% annual increases across all leases and a 5.0-year WALE
Certified Carbon Neutral asset with exceptional ESG credentials including 6-star NABERS Energy Rating (with GreenPower) and 5-star Green Star
Prime location in the heart of the CBD with unrivalled amenity, less than 150 metres to the new Albert Street Station (Cross River Rail)
Surrounded by an unprecedented level of spend on infrastructure and development, over $15bn specifically within the CBD in the lead up to Brisbane's 2032 Olympic Games
Brisbane's Office Market is the strongest in the nation, with strong effective rental growth and record low vacancy underpinned by our leading GDP & population growth
55 Elizabeth Street is offered For Sale via International Expressions of Interest closing 12:00pm (AEST) Friday 30 th June 2023.
*all figures approximate as at 1 July 2023
Property History for 55 Elizabeth St, Brisbane City, QLD 4000
- 11 Dec 2023Sold
- 07 Jun 2023Listed for Sale Contact agent
- 24 Aug 2017Listed for Rent - Price not available
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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 12,285 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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