The ICON building sale this week sets the pace for likely increases to commercial property values in Ipswich CBD. It changed hands for a premium of $144.9 million. Sold for the second time in fewer than 10 years – it begs the question – what if council’s former property arm, Ipswich City Properties, hadn’t been wound up under political pressure and ICON hadn’t been sold first time round before completion?
Published: 11 September 2021.
Music: www.purple-planet.com
Image: ICON (Castlerock Property)
Cromwell Property Group: https://www.cromwellpropertygroup.com/news/cromwell-sells-ipswich-city-heart-building
Castlerock Property: https://www.castlerockproperty.com.au/news/castlerock-achieves-90-million-goal-seven-weeks
Show Notes
The ICON building sale this week sets the pace for likely increases to commercial property values in Ipswich CBD. It changed hands for a premium of $144.9 million. Sold for the second time in fewer than 10 years – it begs the question – what if council’s former property arm, Ipswich City Properties, hadn’t been wound up under political pressure and ICON hadn’t been sold first time round before completion?
Published: 11 September 2021.
Music: www.purple-planet.com
Image: ICON (Castlerock Property)
Cromwell Property Group: https://www.cromwellpropertygroup.com/news/cromwell-sells-ipswich-city-heart-building
Castlerock Property: https://www.castlerockproperty.com.au/news/castlerock-achieves-90-million-goal-seven-weeks
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Local voices, news, commentary and community information for residents and businesses in Ipswich, Queensland, Australia. Originally launched as Ipswich Election Watch 27 February 2020 the show was renamed Ipswich Today 23 April 2020. www.ipswichtoday.com.au