Berghofer Sells Asset To Australian Unity For $80 Million
Developer Clive Berghofer has sold his Queensland Health building in Brisbane to Australian Unity for more than $80 million, according to The Australian Financial Review.
Mr Berghofer, whose wealth is estimated by BRW at $369 million, had acquired the asset at 15 Butterfield Street Herston three kilometres north of the CBD in 2009 for $67.5 million.
The modern four-storey building is opposite the Royal Brisbane and Women' Hospital.
It includes 11,000 sqm of net lettable area across four floor plates of 3279 sq m and was originally developed by Devine Limited.
Mr Berghofer was formerly a member of the Queensland Parliament and the mayor of Toowoomba where he made his fortune sub-dividing land.
Last year he sold a major 42-hectare land holding to Hodge Holdings.
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