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1 Breakfast Creek Road, Newstead, QLD, 4006

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1 Breakfast Creek Road, Newstead, QLD, 4006

1 Breakfast Creek Road, Newstead, QLD, 4006

Properties / Sold / Queensland / Newstead
Development Potential

1. Property Summary

Property Type
Commercial
Land Area
6,904 m² (*approx)
Zoning
Mixed Use
Local Government
Brisbane
Selling Method
Expressions of Interest: Closing Thursday 17 March 2022 4:00pm (AEST)
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2. Property Highlights

High profile corner site in the urban renewal precinct, minutes from the CBD
  • 100% leased 6,904sqm mixed-use complex
  • 5,961sqm site area with significant development upside
  • Located in Gasworks precinct

CBRE and Cushman & Wakefield are pleased to present 1 Breakfast Creek Road, Newstead to the market. This fully leased, multi-tenanted mixed-use opportunity provides the following key benefits;

  • 6,904sqm mixed-use complex across two buildings – office tower (6,034sqm) and retail banking chambers (870sqm)
  • Substantial 5,981sqm* land bank opportunity with enormous exposure to 65,000* vehicles per day
  • Located within the Gasworks precinct and five-minutes’ walk to James Street
  • High profile corner site in the urban renewal precinct, minutes from the CBD
  • 87m of frontage to Breakfast Creek Road, 81m to Longland Street and 27m to Skyring Terrace
  • Value-add potential through flexible zoning allowing for 25 storeys (STCA)
  • Opportunity to progressively add GFA via the retail pad site in the short-medium term and redevelop the existing tower in the future to capitalise on the high-density zoning
  • Large flexible floor plates of up to 1,300sqm* and excellent natural light
  • Excellent car parking ratio of 1:47
  • Recent CAPEX including ground level upgrade works completed including lobby area activation
  • 100% leased with 3.38 year* WALE offering staggered lease expiries and fixed annual increases
  • Fully leased income of $3,645,413 PA*^

1 Breakfast Creek Road is being offered For Sale via Expressions of Interest closing Thursday 17 March 2022 4:00pm (AEST).

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Commercial
Land Area
6,904 m² (*approx)
Zoning
Mixed Use
Local Government
Brisbane
Selling method
Expressions of Interest: Closing Thursday 17 March 2022 4:00pm (AEST)

2. Property Highlights

High profile corner site in the urban renewal precinct, minutes from the CBD
  • 100% leased 6,904sqm mixed-use complex
  • 5,961sqm site area with significant development upside
  • Located in Gasworks precinct

CBRE and Cushman & Wakefield are pleased to present 1 Breakfast Creek Road, Newstead to the market. This fully leased, multi-tenanted mixed-use opportunity provides the following key benefits;

  • 6,904sqm mixed-use complex across two buildings – office tower (6,034sqm) and retail banking chambers (870sqm)
  • Substantial 5,981sqm* land bank opportunity with enormous exposure to 65,000* vehicles per day
  • Located within the Gasworks precinct and five-minutes’ walk to James Street
  • High profile corner site in the urban renewal precinct, minutes from the CBD
  • 87m of frontage to Breakfast Creek Road, 81m to Longland Street and 27m to Skyring Terrace
  • Value-add potential through flexible zoning allowing for 25 storeys (STCA)
  • Opportunity to progressively add GFA via the retail pad site in the short-medium term and redevelop the existing tower in the future to capitalise on the high-density zoning
  • Large flexible floor plates of up to 1,300sqm* and excellent natural light
  • Excellent car parking ratio of 1:47
  • Recent CAPEX including ground level upgrade works completed including lobby area activation
  • 100% leased with 3.38 year* WALE offering staggered lease expiries and fixed annual increases
  • Fully leased income of $3,645,413 PA*^

1 Breakfast Creek Road is being offered For Sale via Expressions of Interest closing Thursday 17 March 2022 4:00pm (AEST).

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Jonathan O’Brien
Jonathan O’Brien
+61 *** *** *** show +61 439 034 047
Jack Morrison
Jack Morrison
+61 *** *** *** show +61 431 246 846
Adelaide O’Brien
Adelaide O’Brien
+61 *** *** *** show +61 419 642 670
Bruce Baker
Bruce Baker
+61 *** *** *** show +61 413 013 668

Download Development Site Report

3. Property Location

1 Breakfast Creek Road, Newstead, QLD, 4006

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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1 Breakfast Creek Road, Newstead, QLD, 4006 Newstead
Cushman & Wakefield - Brisbane
Cushman & Wakefield - Brisbane
Level 11, 123 Eagle StreetBrisbane QLD 4000
View Agency Profile
Jonathan O’Brien
Jonathan O’Brien
+61 *** *** *** show +61 439 034 047
CBRE - Brisbane
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street BRISBANE CITY, QLD 4000
View Agency Profile
Jack Morrison
Jack Morrison
+61 *** *** *** show +61 431 246 846
Adelaide O’Brien
Adelaide O’Brien
+61 *** *** *** show +61 419 642 670
Bruce Baker
Bruce Baker
+61 *** *** *** show +61 413 013 668