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Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
Land Area

Property Description

JLL Metro Sales & Investments QLD are pleased to offer for sale 16 – 26 Balaclava Street, Woolloongabba – a DA approved land holding underpinned by a defensive income profile.


  • 2,972sqm* inner-city land holding with significant three street frontage
  • Fully Leased with a WALE of 3.36 years (approx.) as of September
  • 86% of the total income secured by Tradelink (74%) and ASX-listed Fisher & Paykel Healthcare (12%)
  • Substantial existing improvements totalling 1,880sqm* of NLA
  • Strong performing Tradelink showroom and trade centre which services the entire Brisbane inner-south catchment
  • DA Approved for 242 apartments incorporating one, two and three-bedroom units over two towers
  • 200 metres* to the Logan Road dining precinct – a boulevard incorporating some of Brisbane’s most popular cafes and restaurants
  • 400 metres* to the under construction Woolloongabba Cross River Rail station which will provide unprecedented levels of connectivity between Woolloongabba, the Brisbane CBD and other key precincts
  • Surrounded by other key infrastructure including Princess Alexandra (900m*) & Queensland Children’s Hospitals (950m*), The Gabba Stadium (300m*) and easy access north & south via the Pacific Motorway


*Approximately

Investment Highlights

Investment Highlights:

Fully Leased

Existing Improvements

DA Approved

Three Street Frontage

Last Updated Date: 14 Aug 2020
Elliott O'Shea
Elliott O'Shea
Head of Metropolitan Sales & Investments – QLD
Sam Byrne
Associate, Capital Markets

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Last Updated Date: 14 Aug 2020

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