Brisbane CBD Site

A two-level Brisbane CBD commercial property has sold for $8.5 million in a deal put together by Ray White Transact selling agent Rick Bird.

It is the second time Mr Bird has sold the property, 99 Mary Street, after previous owners Devine originally paid $10.1 million for the site in July 2007.

The sale comes as Devine attempt to pay off debt after once again downgrading its profit guidance. Previously earmarked for development, new owners Breeton Pty Ltd are currently seeking tenants for the 911m2 site.

A licensed real estate agent and registered valuer, Rick Bird has been a leading performer in the sale of CBD and fringe buildings and development sites and has amassed sales of over $2 billion in a 20 year real estate career.