29 Helen Street, Newstead, QLD 4006

Offices

Sold

  • Property ID: 382417
  • Floor Area: 1371m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 1371m2 N/A Contact Agent
PREMIUM NEWSTEAD INVESTMENT!

Elders Commercial Brisbane & JLL Metro Sales & Investments QLD have the pleasure to offer for sale 29 Helen Street, Teneriffe – a fully leased investment in one of Brisbane’s most sought after and resilient inner-city precincts.

The freestanding, two level converted warehouse benefits from a synergistic interplay between attractive features from its past including exposed timber beams and brick work, along with the impressive recent fit out providing a modern, desirable and functional space to work.

For sale via Expressions of Interest closing 18 February 2021 at 4pm (AEST)

- 100% leased to Rexlabs – a leading multinational technology company
- $465,254* + GST annual net income with minimum 4% yearly rental growth
- Freestanding two-storey converted warehouse providing a modern & highly functional work space
- Flexible mixed use zoning allowing for development upside & future repositioning potential (STCA)
- Surrounded by world-class amenity including Gasworks Precinct, James Street & a vibrant mix of retail, café, dining & entertainment offerings
- Short two minute walk to Teneriffe Ferry terminal providing high frequency CityCat services to other major Brisbane precincts

Newstead Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5970 $404 6.76%
Industrial --- $203 ---
Offices $4249 $406 9.56%
This is the average advertised price, rent and yield for Newstead, QLD 4006*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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