356 Macarthur Avenue, Hamilton | "Chevron at Hamilton"
365 MacArthur Avenue Hamilton QLD 4007
Key Property Highlights
Building Area | 5040 sqm |
---|---|
Land Area | 3552 sqm |
Parking | 225 car bays at 1:22 bays/sqm | 25 on grade and 200 spaces under the Community Management Scheme |
Energy Rating |
fullfullfullfullemptyempty 4-Star NABERS Energy Rating
|
Listing Status | Sold |
Cushman & Wakefield (in conjunction with CBRE) has the privilege of offering “Chevron at Hamilton” for sale.
365 Macarthur Avenue provides the opportunity to secure one of Brisbane's best quality metropolitan office assets. Located in a priority development precinct of national significance, the location is set to experience enormous development given it has been identified as a key location for the Brisbane Olympics.
The building is fully leased to Chevron Australia with a WALE of 9.5 years and CPI reviews throughout, providing secure long term cash flows with an expiry in September 2031, just prior to the 2032 Olympics.
We summarise the key investment features of the property as follows:
· Blue chip metropolitan office asset fully leased to Chevron
· 9.5 Year WALE
· 100% Leased by Chevron Australia (Subsidiary of NYSE: CVX)
· NET lease structure with CPI reviews throughout
· Located in Hamilton Northshore, Qld’s most significant urban renewal project
· Positioned in the heart of a key Brisbane 2032 Olympics Designated Precinct
· $2.45 Million NET passing income
· 2016 Built A-Grade Office Asset with 255 car parks (1:22sqm)
· 4.0-Star NABERS energy rating
*Approximately
Expressions of Interest closing 4pm on Wednesday 20 April, 2022.