All in at 179 North Quay: Top office location with Brisbane River view
End of 2018, AM ALPHA acquired the 179 North Quay office tower in Brisbane's Central Business District (CBD). Residents and visitors enjoy spectacular views of the Brisbane River and its southern shore. 179 North Quay is part of the so-called "legal precinct", a submarket dominated by courthouses and law firms that is currently being intensely upgraded by an AU$ 11 billion infrastructure programme.
179 North Quay welcomes guests and residents in its inviting ground floor lobby. From here, there is direct access to all relevant end-of-trip facilities as well as a cosy café with a large outdoor dining area. In total, on 14 floors are the light-flooded office areas with their smart floor plan concepts.
Key facts
- Refurbished Grade B building
- Market repositioning
- Offices on 14 floors
- Prime location in Brisbane's CBD
- Part of „legal precinct“
The entire property was successfully repositioned on the market immediately after acquisition through extensive quality improvements. The occupancy rate increased and the value of 179 North Quay multiplied. Additional potential can be created by the existing possibility of erecting an almost 300-metre-high tower on the property. This would almost quadruple the existing building height.
