123 Albert Street is Brisbane's first Premium tower to achieve a 6 Star Green Star rating and offers some of the largest column-free floor plates available in the city’s CBD.

The 26 level contemporary glass and steel building commands a prominent corner location with convenient access via Albert, Charlotte and Elizabeth Streets and is surrounded by Brisbane's financial hub, law courts and government offices.

Each level is designed with leading edge workplace design in mind with finishes of the highest quality materials and technology. The building features a spacious, futuristic ground floor lobby with lounge areas and five onsite food and coffee outlets. There are also a number of other retail amenities and banking facilities in the local area.

Tenant amenities include an onsite management office with 24-hour security; secure bicycle storage, change rooms, showers and lockers; as well as eight levels of undercover parking.

- 6 Star Green Star rating

- Prime central Brisbane location

- High quality finish and technology

  • NABERS Energy
    5.5 Star Energy Rating
  • NABERS Water
    4 Star Water Rating
  • Green Star
    6 Green Star Rating

Property Details

Building type
Premium Grade - office
Title
Freehold
Site area (hectares)
0.4
Lettable area ('000sqm)
39.4
Typical floor area (sqm)
1,550
Number of buildings
1
Car parking spaces
382
NABERS Energy rating (with Green Power)
5.5
NABERS Energy rating (without Green Power)
5.5
NABERS Water rating
4.0
Green star rating
6.0 Star (Office Design v2) / 6.0 Star (Office As Built v2)
Year built
2011
Major tenant
Rio Tinto
Owner
DXS
Ownership (%)
100

Property Statistics

Metro area
Brisbane CBD
Zoning
MPI - City Centre
Acquisition date
October 1984
Book value at ownership ($m)
434.0
Independent valuation date
December 2018
Independent valuation at ownership ($m)
434.0
Market cap rate (%)
5.50
Initial yield (%)
6.65
Leased by area (%)
99
Weighted lease term by income (years)
2.5