Former AFP base on offer
Inner-city option in prime spot
BUYERS are tipped to flock to size up a commercial asset located on the doorstep of the Brisbane CBD.
Land & Homes Group has exclusively appointed Savills Capital Transactions agents Peter Chapple and Jack Morrison in conjunction with Knight Franks’ Christian Sandstrom and Matt Barker to sell the 100 per cent freehold property at 207 Wharf St, Spring Hill.
Originally designed for the Australian Federal Police and built in 1996, the offering features four levels of highly adaptive office accommodation, offering the opportunity for a purchaser to reposition, occupy or develop up to 30 levels.
“This is a unique opportunity to secure an inner-city asset with strong existing office accommodation fundamentals, along with the flexibility of high density development potential,” Mr Morrison said.
The 4695sq m space provides typical floorplates of 1150sq m with central core lift access. The property features about 400sq m of courtyard area and plus 63 carparks.
Recently re-gazetted as PC – 1 Principle Centre (City Centre) under the new Spring Hill Neighbourhood Plan, the asset sits in a precinct earmarked as a natural extension of the CBD.
“As the Brisbane CBD continues to expand south towards Spring Hill and north towards Fortitude Valley, Spring Hill is poised to sit as the middle of the future CBD,” Mr Sandstrom said.
“The building is situated in a prime location on the cusp of the CBD in a precinct set to benefit from its proximity to some of Brisbane’s most exiting entertainment developments in the Howard Smith Wharves redevelopment, the RNA Showgrounds and the city shaping Queens Wharf Project while also providing potential occupants with a short walk to key public transport networks.”
It is for sale via an expressions of interest campaign closing December 5.