61 Petrie Terrace, Petrie Terrace, Qld 4000

CBRE & JLL are pleased to present to market The Barracks - 61 Petrie Terrace, Brisbane City. 

Some of the key investment highlights include:

- 5.3 year* WALE (by income) with majority of tenants secured by net or semi gross leases and fixed annual increases.

- Blue-chip location set to benefit from major infrastructure projects, including the Roma Street Cross River Rail Station and the future Victoria Park Stadium.

- Prime 1.1ha* elevated site on the edge of the Brisbane CBD with 360 degree views and future development upside (STCA).

- 19,433sqm* mixed-use precinct that encompasses A-grade commercial office buildings, a thriving retail and entertainment precinct, and 451 car bays.

- 10,393sqm* of A-Grade office, 100% leased with major tenants Hatch and Southern Cross Media Group.

- 9,040 sqm* retail precinct secured by Coles Supermarket and Palace Cinemas, complemented by 23 food & beverage and retail specialties.

- Main Trade Area forecast to experience a 1.4% p.a. population growth to 269,000* by 2046, supported by a 3.9% p.a. retail expenditure growth to $9.9 billion.

- Market leading ESG Office building that has been awarded 6.0-star NABERS Energy & Water ratings (Base Building), representing one of only two Brisbane CBD and Fringe surrounds properties awarded these highly coveted credentials*.

- Fully Leased Net Income $12.3m per annum*. 


The Barracks is For Sale via Expressions of Interest closing Thursday, 26th June 2025 at 4pm (AEST) 

For further information on this opportunity, please reach out to the exclusive sales and marketing agents.


* Approx, as at 30 June 2025
*According to NABERS (NSW Government)



Bruce Baker
CBRE | Office
+ 61 413 013 668

Peter Chapple
CBRE | Office
+61 411 646 414

Joe Tynan
CBRE | Retail
+61 422 050 338

James Douglas
CBRE | Retail
+61 419 973 245

Jacob Swan
JLL | Retail
+61 402 704 896

Paul Noonan
JLL | Office
+61 403 331 455

Seb Turnbull
JLL | Office
+61 407 374 298

Sam Hatcher
JLL | Retail
+61 409 899 691