Telstra has sold its telephone exchange building at 280 Elizabeth Street in the heart of Brisbane’s CBD to Singaporean group Firmus Capital for $57 million.
The building, which sits on a large l 1,670sq m land holding ripe for redevelopment, sold on a yield of about 5.57 per cent.
Loading...
Ingrid Fuary-Wagner is the AFR's explainer editor, based in Sydney. She previously wrote about property and before that was news editor at Domain. Connect with Ingrid on Twitter. Email Ingrid at ingrid.fuary-wagner@afr.com
