This property consists of two buildings: 33 Queen Street and 199 George Street. 33 Queen is a historic seven level building with frontage to the Queen Street Mall and immediately adjoining and connected is 199 George Street, a recently constructed modern office and retail tower with frontage to George Street. 33 Queen Street has an unrivalled location at the top of Queen Street Mall, on one of Brisbane’s best corners. 199 George Street is a 10 level, A grade commercial office building that connects to all floors of the adjoining heritage building.
| Ownership interest | 100% |
| Cap rate | 6.25% |
| Valuation date | June 2021 |
| Acquisition date | May 2013 |
| Site area | 1,158m2 |
| Net lettable area | 5,559m2 |
| Occupancy | 90% |
| NABERS rating (Energy) | 4.0 |
| NABERS rating (Water) | 4.5 |
| WALE by income | 3.79 Years |
| Rent review stucture | Fixed |
| Major tenants by income | First Commercial Bank, Kixeye, Burger Urge |
| Parking spaces | 16 |
| Valuation range | $30-40 million |
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