P2172862 55 Elizabeth Street, Brisbane Nathan Murray Flickr

55 Elizabeth St Brisbane. No.55 ELIZABETH STREET Inhabit The 55 Elizabeth Street (Brisbane) Fund is a closed-ended, single asset, unlisted property fund that invests in the commercial A-grade office property located at 55 Elizabeth Street, Brisbane QLD The property benefits from direct exposure to Elizabeth Street, a strategic position opposite the Myer Centre and close proximity to the Queen Street Mall

3/55 Elizabeth Street, Brisbane City, QLD 4000 Shop & Retail Property For Lease
3/55 Elizabeth Street, Brisbane City, QLD 4000 Shop & Retail Property For Lease from www.realcommercial.com.au

March 2023 55 Elizabeth Street, Brisbane Deep value CBD investment opportunity STRICTLY CONFIDENTIAL Investment rationale • Counter cyclical pricing • Acquisition market yield of 8.5% reflects significant discount to current market • Unlevered yield of 9.9% - 300 bps softer than the 23 year average • Capital value of $9,351 per sqm of NLA - 50% below current replacement value Constructed in 2013, the property was purpose built to service the long-term requirements for the Australian Taxation Office (ATO) who currently occupies 97% of the building.

3/55 Elizabeth Street, Brisbane City, QLD 4000 Shop & Retail Property For Lease

March 2023 55 Elizabeth Street, Brisbane Deep value CBD investment opportunity STRICTLY CONFIDENTIAL Investment rationale • Counter cyclical pricing • Acquisition market yield of 8.5% reflects significant discount to current market • Unlevered yield of 9.9% - 300 bps softer than the 23 year average • Capital value of $9,351 per sqm of NLA - 50% below current replacement value The ATO occupies 97% of the Property on a 15-year lease with the remaining 3% being leased to retail restaurants on the ground floor. Constructed in 2013, the property was purpose built to service the long-term requirements for the Australian Taxation Office (ATO) who currently occupies 97% of the building.

55 Elizabeth Street, Brisbane GROCON Hosken Site Steel. The 15 level commercial office building at 55 Elizabeth Street in Brisbane's CBD is a substantial development that embodies a respectful and forward-thinking. The property benefits from direct exposure to Elizabeth Street, a strategic position opposite the Myer Centre and close proximity to the Queen Street Mall

55 Elizabeth Street, Brisbane GROCON Hosken Site Steel. The ASX-listed fund manager has acquired the 19,250 square metre tower at 55 Elizabeth Street at almost the same price its owner, a struggling global property fund run by Credit Suisse, had paid. * 128m2 plus 13m2 of storage * Grease trap & Exhaust * Self contained with disable compliant amenities * Rear entry.