A HIGH GRADE JAMES STREET PRECINCT OFFICE INVESTMENT – FORTITUDE VALLEY, QLD
100 McLachlan Street Fortitude Valley QLD 4006
Attributes and Features
|Last Updated||Aug 20, 2019|
Cushman & Wakefield have the privilege to offer 100 McLachlan Street, Fortitude Valley for sale.
• Fully Leased with a 3.9* year WALE^ and most tenancies featuring 4% rental increases
• 68%* of gross income secured by major publicly listed tenants: WPP Plc, Jeld Wen Ltd and CBA Ltd (combined market cap. of $150 Billion*)
• 3,754sqm* NLA across 3 levels of office and ground floor retail (plus attractive rooftop entertainment area)
• Located in the James street precinct – 200m* from the new Calile Hotel and a 5 minute* walk to Fortitude Valley train station
• At the heart of the rapidly growing inner-Brisbane live/work/play destination – Fortitude Valley – population to grow by 150%* to 2041
• Modern commercial complex built in 2013 providing potential depreciation benefits
• Estimate Net Income: $2,170,952 p.a^
^As at 1 August 2019 | *Approx.
Parties interested in acquiring this prime asset are invited to lodge an Expressions of Interest (EOI) by 4pm on Thursday 19 September, 2019.