Bat­tle for CBD space

The Coffs Coast Advocate - - PRIME SITE -

A QUAL­ITY com­mer­cial of­fice space in Bris­bane’s CBD has sold to a na­tional train­ing and de­vel­op­ment provider for $1.3 mil­lion.

Gre­gory Woods, of Sav­ills, ne­go­ti­ated the sale on the prop­erty lo­cated at level 2/21 Mary St off the back of a for­mal ad­ver­tis­ing cam­paign.

Mr Woods said the cam­paign at­tracted more than 47 in­ter­ested par­ties with the prop­erty sold to a sub­sidiary of a pri­vate work­place train­ing or­gan­i­sa­tion, Pro­fes­sional De­vel­op­ment Train­ing (PDT).

PDT is a leader in the de­liv­ery of cor­po­rate and pro­fes­sional de­vel­op­ment train­ing.

The high level of in­ter­est was due to the prop­erty’s con­ve­nient lo­ca­tion be­ing in prox­im­ity to the Queen’s Wharf Casino precinct cur­rently un­der de­vel­op­ment and also the Ge­orge Street Govern­ment Precinct,” Mr Woods said.

PDT snapped up the full floor space at a rate of $3421 per square me­tre af­ter be­ing in the mar­ket for of­fice ac­com­mo­da­tion for the last 12 months.

PDT global op­er­a­tions di­rec­tor Karen Win­field said the com­pany pre­vi­ously leased ac­com­mo­da­tion on New­mar­ket Rd in Wind­sor and jumped at the Mary St op­por­tu­nity when it arose.

“The prop­erty’s prime CBD cen­tre lo­ca­tion made it a con­ve­nient choice for our clients,

“We were also at­tracted to the cur­rent fa­cil­i­ties, the re-fit and the cur­rent mar­ket con­di­tions made Mary St an op­por­tu­nity that we wanted to cap­i­talise on,” she said.

For fur­ther in­for­ma­tion con­tact Mr Woods on 0409 305 224.

Photo: Con­trib­uted

STRONG IN­TER­EST: More than $1 mil­lion was paid for 2/21 Mary St in the Bris­bane CBD.

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