COMMERCIALNEWSQLD

CBP Contractors Renews Lease for Prime Office Space in Brisbane’s Fortitude Valley

CBP Contractors Pty Ltd has renewed its lease at HQ South Tower, 520 Wickham Street, Fortitude Valley, for a further ten years.

Following five years at the same address, the construction company will continue to occupy a total of 9,582sq across levels 3, 5, 6, 7 and 8 at one of the inner city fringe’s premier office buildings.

Owned by AFIAA Australia 2 Pty Ltd, the newly-constructed building (completed in 2009) is situated in the heart of the rapidly-evolving Fortitude Valley precinct, and offers CBP Contractors the highest-quality office space, currently possessing a 6 Star NABERS rating and a 5 Star Green Star rating.

According to Knight Frank’s Shane Van Beest, Director, Office Leasing, Brisbane, “HQ South Tower is without a doubt one of the premier office buildings in Brisbane’s inner city fringe. It occupies a very prominent corner in the heart of Fortitude Valley and offers tenants one of the largest floor plates available in the near city area (>2,200sqm). It also features one of the best car parking ratios for an A-Grade building in Fortitude Valley at approximately 1:80sqm.”

Knight Frank’s Senior Director, Office Leasing, Brisbane Andrew Carlton said, “When we approached CBP Contractors to renew the lease for another ten years within the building, they didn’t hesitate and we negotiated a successful outcome for all parties involved.”

HQ South Tower boasts a double height, modern and spacious building lobby with a ground floor coffee shop and a number of quiet areas to hold informal meetings. Featuring light-filled offices and on-site security five days a week, this premier, A-grade office building provides tenants a multitude of benefits in a highly sought after location.

Situated in central Fortitude Valley, 520 Wickham Street is within easy walking distance to a number of amenities, including cafes, retail stores and supermarkets, with well-connected public transport links. It also features one of the largest end of trip facility for any near city office accommodation, with secure bike lock-up storage for over 250 bikes including separate male and female amenities totalling 28 showers.

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