The ICON building sale this week sets the pace for likely increases to commercial property values in Ipswich CBD. It changed hands for a premium of $144.9 million. Sold for the second time in fewer than 10 years – it begs the question – what if council’s former property arm, Ipswich City Properties, hadn’t been wound up under political pressure and ICON hadn’t been sold first time round before completion?
Published: 11 September 2021.
Music: www.purple-planet.com
Image: ICON (Castlerock Property)
Cromwell Property Group: https://www.cromwellpropertygroup.com/news/cromwell-sells-ipswich-city-heart-building
Castlerock Property: https://www.castlerockproperty.com.au/news/castlerock-achieves-90-million-goal-seven-weeksZCwZd8bsvCY