Unique South Brisbane Investment Sells

The wonderfully located 164 Grey Street, South Brisbane has been sold for $44.65 million by Luke Billiau and Seb Turnbull of JLL Brisbane. The property is held on an exceptionally long term leasehold of 981 years.

The vendor was Marquette Moelis Grey St Trust, which was established to acquire 164 Grey Street on behalf of Moelis and Company. Moelis and Company is a global independent investment firm which is based in New York and was founded in 2007 by Ken Moelis and partners.

The…