Ex-Brisbane Drum Exchange HQ sold
A Brisbane industrial property – for more than 30 years home to Brisbane Drum Exchange – has sold.
The 7297 square metre holding at 149 Queensport Road South, Murarrie, fetched $11.5 million with vacant possession.
Zoned General Industry A, also exposed to Alexandra Place, the site contains extensive hardstand and a car park.
An office/warehouse spans 2200 sqm.
End of an era
The property was offered by interests associated with former occupier, drum reconditioning, recycling and waste-management business Brisbane Drum Exchange (continues below).
Chase Commercial’s Oliver Gardiner was the agent.
Eleven offers came in following a five-week expressions-of-interest campaign earlier this year.
Murarrie, part of Brisbane’s Australia TradeCoast precinct, is about 11 kilometres east of Brisbane’s CBD.
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