Spring Market Place
Located in Spring Hill, 70 Little Edward Street is a well-positioned commercial office asset within close proximity to the Brisbane CBD, Central Station and key medical, legal and corporate precincts.
The property was acquired in 2014 for $6.5 million on behalf of a syndicated investment group. Trident negotiated the acquisition and provided ongoing management and advisory services throughout the ownership period.
Following a successful hold period, the asset was divested in 2023 for $10.85 million, delivering a strong result for investors.
Address:
70 Little Edward St, Spring Hill QLD 4000
Purcase Price:
$6,500,000
Acquired:
Nov 2014
Divestment Price:
$10,850,000
Divestment Date:
Sep 2023
IRR:
13%
