The deal was negotiated by Paul Anderson and Andrew Doyle of RWC Queensland. The transaction represents a rate of $2,448 per square meter for the combined holding.
The strategic acquisition involved the amalgamation of properties to create a total land area of 2,042sqm within a Low Impact Industry zone. The site is situated in a suburb noted for its lifestyle appeal, major infrastructure proximity, and riverside industrial utility.
The marketing campaign utilised a multi-faceted approach to secure the consolidation. An Expressions of Interest campaign was conducted for 58-60 and 62 Taylor Street, while the adjacent property at 64 Taylor Street was secured by the same purchaser through a separate off-market negotiation.
The successful purchaser, a private industrial developer, intends to capitalise on the area's amenity and zoning by redeveloping the three-site amalgamation, subject to council approval (STCA).
The portfolio included a mix of tenancy statuses at the time of sale, ranging from leased investments and owner-occupied sites to vacant possession.
"This successful outcome highlights the demand from industrial users and developers for consolidated holdings in prime Brisbane locations," said Paul Anderson.
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