241 Adelaide Street, Brisbane

THE BRISBANE CLUB TOWER

About

Major refurbishment in 2012

Comprising a ‘B Grade’ 21-storey semi modern office tower constructed circa 1988, 241 Adelaide Street is situated adjacent to Post Office Square on Adelaide Street alignment within the Golden Triangle precinct of the Brisbane CBD, in close proximity to the Brisbane GPO. 241 Adelaide Street is situated in a prominent location and in close proximity to retail amenity and public transport.

241 Adelaide Street, Brisbane QLD 4000
Cafe
Bus, Train, Parking

Available space

Office
Level
Suite
Size
1
R0101
98 sqm
5
R0501
42 sqm
5
R0504
95 sqm
5
R0505
53 sqm
5
R0506
47 sqm
6
R0601
511 sqm
9
R0902
69 sqm
15
R1502
250 sqm
17
R1703
94 sqm
Retail
Level
Suite
Size
G
R0001
81 sqm

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More information

Ownership interest
50%
Cap rate
6.88%
Valuation date
June 2023
Acquisition date
June 2021
Site area
1,059m2
Net lettable area
10,153m2
Occupancy
81.5%
NABERS rating (Energy)
3.0
NABERS rating (Water)
3.5
WALE by income
2.6
Rent review structure
Fixed
Major tenants by income
Brisbane Club, Safe Places, Australian Unity
Parking spaces
85
Valuation range
$20-40 million