Sold
925, 927, 949 Ann Street,
Fortitude Valley 4006, Queensland
Price withheld
Property details
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Agents
2,335m²* Development Site - Prime Fortitude Valley Corner (Brisbane, Qld)
A prominent 2,335m²* corner site positioned just 1.5 kilometres* from the Brisbane CBD and situated just 200 metres* from James Street which has staked a claim as Brisbane's, and Australia's, foremost commercial, retail, and lifestyle precinct.
| Site Highlights |
- 2,335m²* Land Area.
- Zoned MU1 Mixed Use (Inner City).
- Prime corner site with two-street frontages: Ann Street (59.44 metres*) and Chester Street (40.31 metres*).
- Development Approval for a 10-storey commercial office building: 11,856m²* Gross Floor Area, 535m²* Open Space (plaza and landscape), 72* Car Parking spaces, Green Star: 5 Star Green Star Buildings v1.1, NABERS Energy: Minimum 5 Star.
- Situated within one of Australia's premier commercial, retail, and lifestyle precincts which incorporates the highly acclaimed 5-star Calile Hotel on James Street, protected by extremely high barriers to entry and complemented by the highest quality surrounding development.
Positioned within the Brisbane City Council's new Fortitude Valley Sustainable Growth Precinct Plan Area Project, aiming to encourage increased density, connectivity, and urban renewal.
| Deal Summary |
This three-property site amalgamation was sold off-market involving two separate landowners. RWC Queensland introduced the buyer and negotiated the deal between the buyer and the two separate sellers. Tom Barr was the lead agent.
This was a complex deal involving many stakeholders and inter-related transactions, summarised as follows:
1. RWC Queensland negotiated the site amalgamation (option agreements on three lots) with two separate landowners and Consolidated Properties Group.
2. Consolidated Properties Group then obtained a Development Approval for a purpose-designed Office Building and secured 100% tenant pre-commitment from a Commonwealth Government Department.
3. Consolidated Properties Group then agreed a pre-sale and fund-through transaction with Charter Hall, who ultimately settled the site.
4. Consolidated Properties Group have a Development Management Agreement with Charter Hall and will work with Hutchinson Builders to deliver the base building and integrated fit out.
Congratulations to both our valued clients (landowners), Consolidated Properties Group (developer), and the purchaser on this transaction.
Please reach out if you would like further information on this transaction or for a confidential discussion regarding your property.
| Site Highlights |
- 2,335m²* Land Area.
- Zoned MU1 Mixed Use (Inner City).
- Prime corner site with two-street frontages: Ann Street (59.44 metres*) and Chester Street (40.31 metres*).
- Development Approval for a 10-storey commercial office building: 11,856m²* Gross Floor Area, 535m²* Open Space (plaza and landscape), 72* Car Parking spaces, Green Star: 5 Star Green Star Buildings v1.1, NABERS Energy: Minimum 5 Star.
- Situated within one of Australia's premier commercial, retail, and lifestyle precincts which incorporates the highly acclaimed 5-star Calile Hotel on James Street, protected by extremely high barriers to entry and complemented by the highest quality surrounding development.
Positioned within the Brisbane City Council's new Fortitude Valley Sustainable Growth Precinct Plan Area Project, aiming to encourage increased density, connectivity, and urban renewal.
| Deal Summary |
This three-property site amalgamation was sold off-market involving two separate landowners. RWC Queensland introduced the buyer and negotiated the deal between the buyer and the two separate sellers. Tom Barr was the lead agent.
This was a complex deal involving many stakeholders and inter-related transactions, summarised as follows:
1. RWC Queensland negotiated the site amalgamation (option agreements on three lots) with two separate landowners and Consolidated Properties Group.
2. Consolidated Properties Group then obtained a Development Approval for a purpose-designed Office Building and secured 100% tenant pre-commitment from a Commonwealth Government Department.
3. Consolidated Properties Group then agreed a pre-sale and fund-through transaction with Charter Hall, who ultimately settled the site.
4. Consolidated Properties Group have a Development Management Agreement with Charter Hall and will work with Hutchinson Builders to deliver the base building and integrated fit out.
Congratulations to both our valued clients (landowners), Consolidated Properties Group (developer), and the purchaser on this transaction.
Please reach out if you would like further information on this transaction or for a confidential discussion regarding your property.
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Contact Tom Barr
Contact Tom Barr
Tom Barr
925, 927, 949 Ann Street, Fortitude Valley QLD 4006
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Tom Barr
925, 927, 949 Ann Street, Fortitude Valley QLD 4006