The site of the former Petrie Police Barracks in Queensland has been sold for $162.31 million to Fortius Funds Management.

Comprising of five separate, integrated buildings, the site has a total lettable area of 19,509 square metres, as well as a four level, 471 space basement car park.

The sale of the mixed-use development was settled in an off-market transaction on January 31.

61 Petrie Terrace, Brisbane - at a glance

• Former site of the heritage-listed Petrie Police Barracks.
• Redevelopment opened in 2008.
• Has a total lettable area of 19,509 square metres, as well as a four level, 471 space basement car park.

It was previously owned by Challenger Financial Services, which was represented in the sale by Colliers International. 

For more information about the site, go to The Barracks website.

Source: Colliers International

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