Virgin Village, 56 Edmondstone Road

Bowen Hills QLD

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Anthony Ott
+61 (0) 418 119 919
+61 (0) 7 3002 8904
Peter Chapple

+61 (0) 411 646 414
+61 (0) 7 3002 8858

   Property Description
Quality A-Grade Commercial Investment with Outstanding Tenant Covenant

Highlights include:

• Leased until 2026 with 2 x 5 year options to Virgin Australia Holdings Limited (ASX: VAH)
• 8.52* year WALE with secure cashflow profile – fixed 3.5% annual reviews
• Current net passing income of $6,251,488* per annum
• Land rich site providing 9,302sqm* in an prime inner city location
• Modern office park design providing 12,427sqm* across three separate buildings and basements
• Flexible floor plate sizes ranging from 902sqm* to 2,020sqm*
• Generous onsite car parking for 149 spaces (1:83sq m)*
• 500m* from Bowen Hills train station and in close proximity to other major transportation networks and key amenity

Situated in the heart of the Bowen Hills urban renewal precinct, the asset benefits from close proximity to Bowen Hills Railway Station (500m)*, Newstead Riverpark (700m)*, Brisbane CBD (3km)* and Brisbane Airport (11km)*. *Approx.
  • Landmark modern Brisbane fringe office development known as 'Virgin Village'
  • Comprises three separate high quality commercial office buildings with a NLA total of 12,427m² approx.
  • Fully leased to Virgin Australia Airlines on a 10 year net lease with 2 x 5 year options
  • Building A has 3.5 star NABERS energy rating, Building B & C have 4 star NABERS energy rating
Car Parking: 155 car spaces and 42 motorbike bays
Year Built 2008
Site Area (sq m) 9302

 LevelSuiteSale TypePriceArea (sq m)Enquire

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