29 Helen Street, Teneriffe

29 Helen Street Teneriffe, QLD Australia 4005
Asking Price Contact for pricing
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Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A


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Property Description

JLL Metro Sales & Investments QLD & Elders Commercial Brisbane 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)

Investment Highlights

  • 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 and highly functional work space
  • Flexible mixed use zoning allowing for development upside and future repositioning potential (STCA)
  • Surrounded by world-class amenity including Gasworks Precinct, James Street and a vibrant mix of retail, café, dining and entertainment offerings
  • Short two minute walk to Teneriffe Ferry terminal providing high frequency CityCat services to other major Brisbane precincts
Last Updated Date: 29 Apr 2021
Sam Byrne
Associate, Capital Markets
Tim Jones
Director, Capital Markets

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Last Updated Date: 29 Apr 2021

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