Brisbane

Rendezvous Hotels sells one of Brisbane's busiest corners

The ground floor of Brisbane’s heritage listed 255 Ann Street has been targeted for a high-end F&B operation following its sale by Rendezvous Hotels Australia.

12 Oct 2018

The ground floor of Brisbane’s heritage listed 255 Ann Street has been targeted for a high-end F&B operation following its sale by Rendezvous Hotels Australia.

CBRE agents Paul Fraser, Andrew Adnam and Sergio Demetriou managed the sale of the 643sqm strata space. 

The high profile, corner lot was recently marketed via an Expressions of Interest campaign.

It includes a commercial liquor licence and a fully fitted out commercial kitchen.

“The ground floor tenancy is in a prominent location but has lacked direction and activation for some time now,” Mr Fraser said.

“We are delighted that a well-known landlord, who is renowned for having high end food and beverage tenants, has purchased the lot. This will really re-energise the area and bring it back to life.”

The proposed development is likely to be an investment of $4M-$5M.

Positioned at the entrance to Brisbane’s Central Station, the strata lot benefits from extensive foot traffic from both passing pedestrians and commuters.
 
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About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at https://www.cbre.com.