201 Charlotte Street sold for $ 126.7 million
Charlotte Street, one of the city’s most important buildings in Brisbane, changed hands to $ 26.7 million.
The building was launched from Maert. The building has been in the market for 2 months and has been sold recently. Vendors were Fortius Funds Management, a private Australian investment management group.
The group that bought the building is Kyko Group. Kyko is a group that operates in commercial, residential and hospitality sectors. The Sydney-based group was founded in 1989.
According to Brisbane Cityscope, 201 Charlotte Street has a ground floor retail space. It is a 16-storey building with a two-storey basement with a capacity of 149 vehicles.
The building was built in 1983. The building was renovated and $ 5 million plus renovation. Among the main tenants are Anglo American Mettalurgical Coal, Queensland Educational Leadership Institute and Leanne Bowie Lawyers.
The building occupies 87 percent of the occupants. The net rental income of the building was announced as US $ 8,514,548.
Sevdenur Demir / [email protected]