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45 Commercial Rd 46,231 SF 4-Star Office Building Newstead, QLD 4006 For Sale
Investment Highlights
- Fully leased to the Commonwealth of Australia, ensuring income security.
- 85 secure basement car spaces with a strong parking ratio.
- Net income of approximately $3,025,776 per annum with lease expiry in December 2030.
- High sustainability credentials with 5.5 Star NABERS Energy and 5.0 Star Water ratings.
Executive Summary
FOR SALE: Expression of Interest
The property is 100% leased to the Commonwealth of Australia, providing a secure income stream of approximately $3,025,776 per annum with a lease term extending to December 2030, including options and an uncapped market review. Positioned on a prominent 1,913 sqm freehold corner site, the asset benefits from flexible MU1 zoning, offering significant future redevelopment potential. The building comprises efficient floor plates ranging from 1,180 to 1,580 sqm and includes 85 secure basement car spaces. Sustainability credentials are supported by a 5.5 Star NABERS Energy rating and a 5.0 Star Water rating, aligning with modern environmental standards.
The property is 100% leased to the Commonwealth of Australia, providing a secure income stream of approximately $3,025,776 per annum with a lease term extending to December 2030, including options and an uncapped market review. Positioned on a prominent 1,913 sqm freehold corner site, the asset benefits from flexible MU1 zoning, offering significant future redevelopment potential. The building comprises efficient floor plates ranging from 1,180 to 1,580 sqm and includes 85 secure basement car spaces. Sustainability credentials are supported by a 5.5 Star NABERS Energy rating and a 5.0 Star Water rating, aligning with modern environmental standards.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
46,231 SF
Building Class
B
LoopNet Rating
4 Star
NOI
$2,191,085
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
15,410 SF
Building FAR
2.25
Lot Size
0.47 AC
Parking
85 Spaces (1.84 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Fitness Center
- Signage
- Kitchen
- Reception
- Basement
- Common Parts WC Facilities
- Demised WC facilities
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Food Service
- Partitioned Offices
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
- Backup Power / Generators
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45 Commercial Rd
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