5 Morse Street, Newstead, Qld 4006

Baker Property is pleased to offer 5 Morse Street, Newstead to the market for sale via Expressions of Interest. 

The property provides a unique opportunity to secure a freestanding character style building adjoining parkland with flexible mixed-use zoning, attractive holding income and is located within the iconic James Street Precinct.

Highlights of the property include: 

• 515sqm* freestanding building over two levels
• Great internal height and natural light throughout
• 405sqm* inner-city land located within the James Street Precinct
• Adjoining Morse Street Park and provides direct access to James Street 
• Flexible mixed-use zoning and suitable for a range of users 
• Development potential for up to 4 storeys (STCA)
• Currently leased to the same tenant for over 9 years 
• 12-month bank guarantee in place
• Net passing income $224,283* per annum
• Options include (at lease expiry) to occupy, re-lease. reposition or redevelop 
• Located only 2km* to the Brisbane CBD  
• Close to public transport, mix of retail, dining and entertainment offerings
*approximate

This rare highly sort after opportunity is for sale via Expressions of Interest closing 4pm, Wednesday 7 May 2025 (unless sold prior).

For further information or to arrange an inspection contact the exclusive agents Baker Property.