Insights

SOLD | 16 Doggett Street, Fortitude Valley QLD

Patona Property is pleased to announce the off-market sale of 16 Doggett Street, Fortitude Valley for $10million – representing a market defining transaction.

This deal reflects new pricing benchmarks on the below metrics:

– Initial yield of 3.2%
– $12,563/sqm on land area
– $21,277/sqm on NLA

This marks the first transaction by the newly launched Patona Property sales division, headed by Sam Byrne.

Following a successful & extensive career at one of the leading global agencies, Sam brings with him extensive market knowledge, experience and deep connections; which will prove invaluable when delivering for current and future clients of Patona Property.

For further information on this transaction, please contact Sam Byrne (sam@patonaproperty.com.au | 0414 421 110).

 

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