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70 The Courier-Mail Friday, April 12, 2013 couriermail.com.au FRST
70 PRIME SITE
Medicos on the movePhil Bartsch
GOOD HEALTH: Carl Charalambous and Robert Koster are allsmiles at 604 Stanley St. Picture: Mark Calleja
PENT-UP demand for assetswithin Woolloongabba’s Matermedical precinct is injectingfurther activity into the inner-city owner-occupier market.
In one of the latest deals, arefurbished 240sq m officebuilding at 604 Stanley St, withheritage charm and four on-site car parks, has changedhands for $1 million.
The building was bought bya syndicate of medical profes-sionals who decided to consoli-date their city fringe practices.
Robert Koster and CarlCharalambous from EldersCommercial negotiated themillion-dollar deal.
Mr Koster said the propertyhad attracted a strong level ofinterest, with more than 30inquiries fielded from potentialbuyers resulting in 17 inspec-tions.
‘‘The property was ex-tremely well received by theowner-occupier market,’’ MrKoster said.
‘‘Owner-occupier opport-unities sub-$1.5 million withininner-city Brisbane rarely
become available, particularlywithin the Woolloongabbamedical precinct.’’
Mr Charalambous said theasset at 604 Stanley St wasonly on the market for four-and-a-half weeks before it wassnapped up.
He said the sale pricereflected a ‘‘strong’’ rate of$4167/sq m on building area.
Mr Charalambous said theprecinct was extremely tightlyheld and smaller, affordablebuildings were very hard tocome by in the Woolloongabbaarea.
‘‘The last transaction in theprecinct was that of 639 Stan-ley St, which we negotiated inan off-market deal last year forjust over $4.5 million,’’ he said.
Mr Charalambous saidactivity in the city fringe mar-ket was at its highest level sincethe GFC and ‘‘things are defi-nitely picking up’’.
‘‘We are currently experi-encing overwhelming demandfor assets up to $10 millionwithin the inner north andinner south, with numerouscontracts under negotiation,’’he added.
The Zone
A LITTLE bit of effort inthe right direction canmake a big difference . .
This was the motivationbehind Savills’ ScottLangford’s commitmentto make the arduous300km crossing of theSimpson Desert.
On Thursday May 9,the 45-year-old father oftwo will undertake theSimpson Desert Chal-lenge over nine days tosupport Savills’ charity,Youngcare.
Scott (pictured) will em-bark on the challenge with16 other liked-minded in-dividuals.
For more details and todonate to Scott’s trek,visit: www.simpsondesertchallenge.com/scott—langford—1
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FIRST Commercial’sLuke Mullen has foundgreener pastures at theColdwell Banker Com-mercial Property Group.
Luke has taken on therole of senior sales andleasing executive at thecompany’s Springwoodoffice.
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FOR those who mighthave wondered, industrialspecialist Huw Feeney re-mains happily working atFAL Commercial.
Unfortunately thegremlins played aroundwith the caption on March28 incorrectly stating thatHuw worked for Bel-AirTruck Spray Painting.
Bel-Air owners JohnGrimley and WayneDawson remain firmly incontrol of the company.
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THREE of Savills youngguns have received pro-motions.
Peter Chapple hasbeen promoted to div-isional director in CapitalTransactions.
Peter Dodd andMichael O’Rourke havebeen promoted to associ-ate directors in OfficeLeasing.
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THE annual 10-day Ro-tary Art Spectacularkicked off last night at theRiverside Centre.
Widely regarded as oneof Queensland’s mostprestigious art exhibitions,the art spectacular fea-tures more than 460 art-works from almost 200artists.
Priority Building hasonce again signed up asthe major sponsor of theevent which raises moneyfor charities such asROMAC and the CerebralPalsy League.
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RESORT Brokers Aus-tralia has expanded itssales team with former StKilda player AndrewMcQualter joining thecompany, selling manage-ment rights.
Andrew, who had sevenseasons with St Kilda AFLClub, has been involved inthe real estate industry onthe Gold Coast, where heplayed for the Suns in2012, signing up as a semi-professional for theSouthport Sharks for 2013.
Joining Andrew will beCarolyn Griffith, who has30 years of sales experi-ence.
For the past three yearsCarolyn has worked forAudi on the Gold Coastand will specialise in thesale of management rightsin Broadbeach, Miami,Chevron Island and sur-rounding areas.
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NATIONAL law firmHolding Redlich has ap-pointed Shelley-AnneBrace the firm’s newsenior associate at its Bris-bane office.
She was previously atMichael Sing Lawyerswhere she was specialcounsel for workplace re-lations.
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A NEW development inTannum Sands, south ofGladstone, has becomethe latest project to becertified by the UrbanDevelopment Institute ofAustralia’s green ratingtool EnviroDevelopment.
‘‘Tannum Blue’’, whichis being delivered byEconomic DevelopmentQueensland has beenawardedEnviroDevelopment certi-fication for outstandingenvironmental outcomesin its treatment ofecosystems, waste, energy,materials, water and thecommunity.
Supercheap Auto
DEC
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AY R
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Aldi
Ray White Commercial Caboolture/ Redcliffe
Auction Friday 3 May 10.30am Venue Level 5, Riverside Centre, 123 Eagle Street BrisbaneGrant Simpson 0433 427 503Ray White CommercialMatthew Walsh0411 880 054Highway Frontageraywhitecommercial.com.au Property ID 947613
• Exceptional development site• 5,550m²* site with fl exible commercial zoning • Potential self storage facility (lapsed D.A)• Motivated vendor
Strategic Position Amongst National RetailersDeception Bay, Qld, 420 Deception Bay Rd
BMCCAB0132
*approx
Auctio
n
Outline & Location Indicative Only
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Joint Agents
Ray White Commercial Caboolture/Redcliffe
Auction Friday 26 April 10.30am Venue Riverside Centre,Level 5, 123 Eagle Street, Brisbane Robert Rey 0418 774 343Grant Simpson 0433 427 503raywhitecommercial.com.au Property ID 943784
• 7 strata units sold in one line or individually• 2 bedroom, 1 bathroom, modern kitchen
and living area• NRAS allocation is available** • 390m* to bus transport, 900m* to
shopping precinct and 1.3km* to school
New Residential Units - Deception Bay ApartmentsDeception Bay, Lots 2 - 8 on SP234386, 8 Bayview Terrace
BMCCAB0130
**Subject to contracts of sale being entered into by 30 April 2013
Receiv
ers’
Auctio
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*approx
Ray White Commercial Toowoomba/Ipswich
Expressions of InterestClosing Friday 10 May 4pmBrian Hodges 0419 355 [email protected] Quinn 0401 907 [email protected] Property ID 952923
• Special opportunity zoning• Signifi cant infrastructure
in excess of 10,000m2* buildings
• Location provides signifi cant potential for redevelopment
• Ex major milk and dairy product distribution centre
• To be sold vacant possession
3.6Ha* SiteNorth Booval, 111 Jacaranda Street
BMCTOO0314
*approx
Sale
Outline Indicative Only
Ray White Commercial Ipswich
Auction Friday 26 April 2.30pm View Saturday 13 April 12.30 - 1pmEd Wisemantel 0423 070 103Warren Ramsey 0412 266 304raywhitecommercial.com.au Property ID 948935
• 12 + acres of prime real estate, all DA approved for 11 blocks• Only 20 mins* to Ipswich
Rural Lifestyle + DA ApprovedMinden, 78 Zabels Road North
BMCIPS00238
*approx
Auctio
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Outline Indicative Only
