BOOMING ANN & JAMES STREET PRECINCT INVESTMENT - 11 YEAR LEASE
Mosaic is situated in the Fortitude Urban Renewal Precinct. Over the past ten years, the precinct has consistently outperformed the wider Brisbane market. This overwhelming out performance has been underpinned by the precinct’s lifestyle amenity, proximity to the CBD, and plethora of public transport infrastructure.
Mosaic is well serviced by public transport with the CityGlider bus service, situated directly across the road, providing a high frequency link to the CBD and Fortitude Valley Train Station less than a five minute walk away.
The asset features an open plan office, finished to a premium standard, which addresses a well-appointed external terrace situated at the very doorstep of Fortitude Valley’s prestigious lifestyle mecca James Street. This office space sets a benchmark for tenant amenity in Brisbane.
* Leased to long established and well regarded Accountancy Firm
* Prime & Strategic location 150 metres to James Street Markets
* Less than 500 metres to Valley Train Station
* Lease secured by 6 month renatl bond
* Expensive, award winning fitout funded by tenant
* Income growth protection - outgoings increases recoverable from tenant
* Fixed 3.5% annual increases
* Net Income $292,383pa + GST