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CBRE - Brisbane

159 Coronation Drive and 5 Cribb Street Milton, QLD 4064

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159 Coronation Drive and 5 Cribb Street,
Milton, QLD 4064

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CBRE - Brisbane
Jack Morrison
Adelaide O'Brien

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
CBRE - Brisbane
159 Coronation Drive and 5 Cribb Street
Milton, QLD 4064

Map of 159 Coronation Drive and 5 Cribb Street

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  • Train stations within 5 km of 159 Coronation Drive and 5 Cribb Street, Milton, QLD 4064Distance
    Milton Station314 m
    Roma Street Station1.2 km
    South Brisbane Station1.2 km
    Auchenflower Station1.4 km
    Central Station1.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 159 Coronation Drive and 5 Cribb Street, Milton, QLD 4064Distance
    Coronation Dr at Boomerang St119 m
    Park Rd Near Fort Lane379 m
    Milton Rd at Suncorp429 m
    Montague Rd Near Brereton St534 m
    Coronation Dr at Park Road, Stop 6540 m
    POWERED BY HERE ©
POWERED BY HERE ©

PRIZED LAND RICH RIVERFRONT OFFICE INVESTMENT

  • Two 100% leased offices
  • 5,218sqm* NLA with 4.65 year WALE
  • Recent $8 million* capital works program
Located in a highly connected near city office precinct well known for attracting quality covenants, 159 Coronation Drive & 5 Cribb Street offer a secure investment prospect with enormous upside underpinned by a 3,624sqm riverfront landholding. Offering two separate towers with a mix of global, national and local tenants, the properties present a diversified, clean cashflow having recently undergone an extensive capital works program.

CBRE, on behalf of Wallum Partners, is delighted to offer 159 Coronation Drive & 5 Cribb Street to market, supported by the following investment highlights;

+ Two 100% leased office buildings totalling 5,218sqm NLA with 4.65 year WALE*
+ High profile riverfront office with unimpeded views of the Brisbane River and CBD
+ Immaculate presentation following an $8 million* capital works program
+ High ceilings with abundant natural light throughout
+ Brand new leases to global covenants, including Alstom and Boral
+ Potential for high density future development underpinned by the large 3,624sqm riverfront corner landholding
+ Close proximity to all major public transport and direct access to the Bicentennial bikeway
+ Enormous car parking allocation with 123 car park bays (1:42 bays/sqm)
+ 5.5 star NABERS Energy Rating (159 Coronation Drive) and 4.0 star NABERS Energy Rating (5 Cribb Street)

CBRE is pleased to present 159 Coronation Drive & 5 Cribb Street, Milton for sale via Expressions of Interest, closing Thursday 26th May 2022 at 4PM (AEST).

*Approximately as at 1 May 2022

Property ID: 504058427Last Updated: 30 Jun 2022

CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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