Designed by leading architects and delivered by an experienced and highly regarded project team, Brisbane’s newest commercial office building will be defined by quality and style and will cut a prominent figure in the Fortitude Valley market.
K1 is a brand new A-Grade office investment underpinned by blue chip covenants providing a WALE of 7.5 years.
- Designed by leading architect firm Francis-Jones Morehen Thorp and delivered by Lend Lease, 1 King Street, Fortitude Valley “K1” is Brisbane’s newest next generation office building, setting the benchmark for quality and design within Brisbane’s Near City market.
- Upon completion K1, will comprise 16,587 sqm of quality A-Grade accommodation encompassing two levels of basement car parking for 94 vehicles; lobby and ground level retail and nine levels of office accommodation with 1,824 sqm typical floor plates.
- Highly secure income stream with a weighted average lease expiry of 7.5 years as at practical completion underpinned by a 12-year lease to Lend Lease coupled with a 5-year rent guarantee. Further, in a low growth environment, K1 offers excellent investment profile with fixed 4% and 3.5% increases over leased and guaranteed space which will ensure long term income security and growth.
- K1 can capitalise on the surrounding existing and future development pipeline, located between the heart of Fortitude Valley’s commercial precinct (Green Square and HQ North & South) and at the entrance to the $2.9 billion Brisbane Showgrounds redevelopment – Brisbane’s most exciting master planned project.
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Seeking Offers to Purchase before Thursday 30 April 2015, 4.00pm AEST.
+ 61 407 374 298
+ 61 417 718 410
+ 61 408 066 165