JLL's Luke Billiau, Geoff McIntyre and Seb Turnbull are exclusively taking to market Waterloo Junction, 4 – 12 Commercial Road, Newstead.

Commanding a prime corner position within Brisbane’s most successful urban renewal precinct, Waterloo Junction is surrounded by Brisbane’s most appealing and popular retail, lifestyle and entertainment amenity, ensuring the location will remain highly desirable over the long term.

The high-exposure position is also well serviced by public transport, with the nearby Fortitude Valley Train station providing CBD access within 1 stop and several ferry and bus stops also located in proximity.

Waterloo Junction combines a high quality commercial office tower designed by award winning architects Cottee Parker, with one of Brisbane’s landmark heritage hotels – The Waterloo, which was fully refurbished in 2011.

With approximately 25% of the asset’s annual base income secured until June 2030, Waterloo Junction exhibits a strong 6+ year WALE. Importantly, the asset’s 100% occupancy is underpinned by blue-chip tenants including one of Australia’s largest corporations.

The commercial building comprises a total of 4,634 sqm of Net Lettable Area split over five levels. The traditional retail space is located on the ground floor and gains internal access from Ann Street. Totaling 1,924 sqm, the retail space is split between the iconic Waterloo Hotel (991 sqm), the Coles First Choice Liquor Barn (810sqm), and two well-appointed ground floor tenancies (71 sqm and 52 sqm).

Newstead is a nationally recognised, vibrant destination that has undergone extensive infrastructure investment and development over the last decade as a key area of focus for Brisbane City Council’s planned growth for Brisbane. 

A 100% freehold interest in Waterloo Junction is being offered for sale via International Expressions of Interest closing 3 May 2017 at 4pm.

Click here to view sale details and register for the full Information Memorandum.

See also:

John Musca of JLL Hotels & Hospitality discusses 2016 in review

Mantra Group Secures Management Rights of GURNER™’S $600M ‘FV’ Project in Brisbane