The property is located at the junction of Edward Street and Elizabeth street, within the main luxury retail precinct in the heart of Brisbane’s central business district. It has a total net lettable area of 2,030 square metres.
Luxury watch retailer The Hour Glass's subsidiary has proposed to acquire a freehold property in Brisbane, Australia from Dexus Wholesale Management for A$82.2 million ($81.4 million).
The Hour Glass Australia (THGA) entered into a sale and purchase agreement (SPA) with Dexus for the acquisition of a two-storey retail and office building, which occupies a site area of 1,521 square metres.
