2 King Street, Fortitude Valley

Exceptional Building Near the Brisbane Showgrounds

Contemporary design, flexible workspaces and state-of-the-art amenities.

Kingsgate is a dynamic ‘A Grade’ commercial office tower designed by leading architects Francis Jones Morehen Thorp and completed in 2015. The 6 Star Green Star building comprises of 16,587sqm of quality office accommodation encompassing two levels of basement car parking for 94 vehicles, lobby and ground level retail and nine levels of modern office accommodation with 1,824sqm floor plates.

The building stands at the gateway to King Street’s vibrant café and restaurant precinct and the iconic Brisbane Showgrounds as part of Lendlease’s urban renewal project and Brisbane’s premier inner city fringe mixed-use precinct.

Ownership:

Facilities and Features

Retail
Bars & restaurants
Onsite change rooms
Onsite shower
Complimentary towel
service
Onsite lockers
Onsite Bike Storage
Parking
Accessible facilities

Sustainability

Our team has a strong focus on environmental performance. Our sustainable initiatives aim to provide enhanced occupant comfort, reduced draw on resources and lowered building operating costs to achieve environmentally responsible workspaces and buildings.

Evolution

Originally built in 2015, the property comprises a contemporary 10 level building in a village style atmosphere, designed to carefully combine commercial, residential and retail spaces that embrace the rich heritage of the area whilst showcasing architecture, sustainability and ambience. The perfect environment for modern businesses to succeed.

More information

Ownership interest
50%
Cap rate
6.50%
Valuation date
December 2023
Acquisition date
August 2018
Site area
2,045m2
Net lettable area
16,246m2
Occupancy
91.2%
NABERS rating (Energy)
6.0
NABERS rating (Water)
4.5
WALE by income
3.2
Rent review structure
Fixed
Major tenants by income
Lendlease, SMEC, Ezidebit
Parking spaces
95
Valuation range
$75 million

Lease Availability

Office
Level
Suite
Size
1
101
1429 sqm

Flex by Abacus

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Building Management

The Building Management Team care for all aspects of the building, from maintenance to operations, ergonomics and sustainability. They handle administrative tasks, promote our tenants and ensure safe and enjoyable spaces for collaboration and renewal. They form an integral part of our strong partnership with our tenants, and understand that without this, the building wouldn’t be able to thrive. For more information, speak to our team or login to the customer portal below.

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Amenities

The addition to a village style mix of office, retail and residential, the building offers end of trip facilities including showers, bike storage and changerooms. It is also home to a diverse mix of over 25 unique food and beverage, lifestyle and wellness destinations.

Dining & Bars

Immediate access to a variety of dining options, including
Jubilee Hotel, Sushi & Nori, Archie Bros Cirque Electric, Winghaus, El Camino Cantina and more.

Cafes

Immediate access to a variety of café options, including King Street Bakery, Kuhl-Cher Coffee, as well as more options along the King Street retail strip.

Retail

The building is positioned at the gateway to the well regarded King Street retail strip and surrounding amenity.

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