The Gold Coast Bulletin

Investors nudged out


OWNER-occupiers are beating investors to opportunit­ies in an increasing­ly tight market on the fringes of the Brisbane CBD.

An owner-occupier in the agribusine­ss sector recently paid $3.2m for a vacant freestandi­ng office building at 28 Finchley St, Milton, in a deal struck by Colliers Internatio­nal’s Hunter Higgins and Nick Wedge. Mr Higgins said low interest rates were generating a rush of owner-occupiers seeking near-city properties.

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