Description

FOR SALE | PRIME BRISBANE CBD FREEHOLD

TIGHTLY HELD RETAIL PRECINCT | QUEEN STREET MALL EXPOSURE | STRATEGIC INVESTMENT OPPORTUNITY

An opportunity to acquire a prominent freehold retail and office asset in Brisbane CBD's premier retail precinct, positioned opposite the entrance to Queen Street Mall.

The property's location has recorded Queen Street Mall's highest pedestrian traffic over the last six months, with average monthly pedestrian volumes exceeding 1.8 million, according to Brisbane Economic Development Agency (BEDA) data.

Combining exceptional retail exposure, freehold ownership and an established mixed-use configuration, the property presents a compelling acquisition proposition within one of Brisbane CBD's tightly held commercial locations.

LOCATION BY THE NUMBERS

• #1 reported pedestrian traffic location within Queen Street Mall over the preceding six months
• More than 1.8 million pedestrians per month on average
• Prominent retail exposure opposite the Queen Street Mall entrance arch
• Strategic connectivity adjacent to the Albert Street Green Spine and Cross River Rail precinct

Source: Brisbane Economic Development Agency (BEDA).

THE ASSET

The four-level commercial building incorporates retail and office accommodation, a lower-ground level with five car parks and a two-bedroom rooftop caretaker's residence.

Key attributes include:
• Freehold title
• Approximately 1,205m²* building area
• PC1 Principal Centre (City Centre) zoning
• Four-level building configuration
• Retail and office accommodation
• Five lower-ground-level car parks
• Two-bedroom rooftop caretaker's residence
• Existing rental income

THE INVESTMENT PROPOSITION

The property combines a prominent CBD retail address with existing income and the potential to enhance leasing performance and optimise the asset over time.
A compelling opportunity for private investors, family offices, and institutional capital to secure a strategically positioned retail & office asset in one of Brisbane's most tightly held locations.
The evolving Albert Street Green Spine and Cross River Rail precinct provide additional context for ongoing public realm and connectivity improvements, only enhancing the properties prominence over time.

GUIDE PRICE

$16,800,000 - $19,800,000

EXPRESSIONS OF INTEREST

Closing at 4:00pm, Wednesday 18 November 2026.

EXCLUSIVE SELLING AGENT

Hugh Menck
McGees Property Brisbane

M: +61 432 560 589
E: hmenck@bne.mcgees.com.au

For further information, access to the Information Memorandum and due diligence documentation, or to arrange an inspection, please contact the exclusive selling agent.