447 Upper Edward St, Spring Hill
The Brief
Looking for an office within the inner city, our clients needed a property that was ready to move into with a high level of finish and facilities. The ideal scenario was to occupy a portion of the building and lease the remaining floors which allowed versatility in the future.
The Property
Over 1,350sqm GFA across ground floor retail and three office floors with onsite parking. Immaculately refurbished and architecturally designed by Archways as a display location for their services, the building boasts all the design benefits and versatility rare to find under one roof, alongside significant depreciation benefits from this near-new fitout.
The Location
Located a stones throw from Brisbane’s Central Business District, 447 Upper Edward Street brings unmatched connectivity, with proximity to major financial institutions, transport, and amenities such as Queen Street Mall, cafes, restaurants and entertainment precincts. Beneficial for attracting top talent, these drawcards are also underpinned by a massive infrastructure pipeline ahead of the 2032 Olympic Games.
The Outcome
Aptly named ‘Engineering House’, the new owners plan to occupy some of the floor with their own engineering business and lease the remaining space and facilities to other savvy tenants.
This was our second purchase for this client who was thrilled with the outcome of their residential property journey with us and is now benefitting from the relationships we have in the commercial space to grow their portfolio. Secured in a swift transaction and already in demand with potential tenants, we couldn’t be happier with the outcome of this successful acquisition.
