Riverfront Site

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Don O'Rorke's Consolidated Properties has paid $43.5 million for the former ABC headquarters at Brisbane's Toowong.

The riverfront 1.5 hectare site was offloaded by the ASX listed Sunland group who bought it in 2013 for a reported $20 million.

The ABC departed the site in 2006.

Many of its buildings have been demolished with the site remediated after concerns arose following a breast cancer cluster among female staff. 

[smartcode_project:default project_id=6257]

Consolidated Properties confirmed to The Australian it had purchased the Coronation Drive site with two undisclosed business partners.

Consolidated intends at least two luxury apartment towers, with concept planning now underway with community consultation set to begin.

Sunland put the Toowong site up for sale in late 2020 after its major development for the site, a "champagne flute" plan for three apartment towers designed by Dame Zaha Hadid was rejected by the Supreme Court in 2018.

[smartcode_project:default project_id=94811]

The heights of the towers ranged from 22 to 25 storeys.

The site includes a heritage building known as Middenbury Home, set to be retained potentially as a restaurant, cafe or gallery.

Last October Sunland told its shareholders that it would wind down its operations over the next three-to-five years.
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Queensland developer Consolidated Properties has paid $43.5 million for Brisbane’s former ABC headquarters at Toowong

Riverfront Site

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