480 Queen Street is one of the most prestigious office buildings in Brisbane’s Golden Triangle already home to a number of Australia’s leading financial, legal, accounting and resources firms.

The 32 level tower features the largest floor plates in the Brisbane CBD market of approximately 2,800 square metres making it ideal for businesses searching for flexible open plan office configuration.

Activity based amenities within the building include a vibrant retail and dining destination, a nature based in-building parkland, and a spectacular rooftop hospitality area.

480 Queen Street is well connected to a wide range of public transport options including bus, train and river ferry, and Brisbane Airport is a 10 minute drive away via the Airport Link Tunnel.

- Prestigious Golden Triangle location

- Largest floor plates on the market

- Unparalleled amenities

  • NABERS Energy
    5 Star Energy Rating

Property Details

Building type
Premium Grade - office
Title
Freehold
Site area (hectares)
0.4
Lettable area ('000sqm)
56.6
Lettable area adjusted for ownership ('000sqm)
28.3
Typical floor area (sqm)
1,731-2,849
Number of buildings
1
Car parking spaces
271
NABERS Energy rating (with Green Power)
5.0
NABERS Energy rating (without Green Power)
5.0
NABERS Water rating
NR
Green star rating
6.0 Star (Office Ad Built v3)
Year built
2016
Major tenant
BHP
Owner
DXS
Ownership (%)
50
Co-owner
Dexus Wholesale Property Fund

Property Statistics

Metro area
Brisbane CBD
Zoning
MPI - City Centre
Acquisition date
April 2013
Book value at ownership ($m)
387.5
Independent valuation date
December 2018
Independent valuation at ownership ($m)
387.5
Market cap rate (%)
5.00
Initial yield (%)
4.84
Leased by area (%)
100
Weighted lease term by income (years)
7.3