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Toowong ABC Site Sold for $43.5m – The Urban Developer

A well-known developer has picked up the former ABC site in a $43.5-million deal inked Wednesday afternoon after months in the making …

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A consortium backed by Brisbane developer Consolidated Properties Group has scooped up the former Toowong ABC site in a $43.5-million deal inked on Wednesday afternoon that was months in the making.
Gold Coast developer Sunland sold the 1.5-ha riverfront site at 600 Coronation Drive, which allows for up to 15-storey developments.
Brisbane-based Consolidated Properties chief operating officer James MacGinley said plans for the Brisbane waterfront site included two to three residential buildings…

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