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Berghofer Sells Asset To Australian Unity For $80 Million

berghofer-qld-health-e1455594304196

Developer Clive Berghofer has sold his Queensland Health building in Brisbane to Australian Unity for more than $80 million, according to The Australian Financial Review.

Mr Berghofer, whose wealth is estimated by BRW at ​$369 million, had acquired the asset at 15 Butterfield Street Herston three kilometres north of the CBD in 2009 for $67.5 million.

The modern four-storey building is opposite the Royal Brisbane and Women' Hospital.

It includes 11,000 sqm of net lettable area across four floor plates of 3279 sq m and was originally developed by Devine Limited.

Mr Berghofer was formerly a member of the Queensland Parliament and the mayor of Toowoomba where he made his fortune sub-dividing land.

Last year he sold a major 42-hectare land holding to Hodge Holdings.

 

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Article originally posted at: https://https://theurbandeveloper.com/articles/clive-berghofer-queensland-health