Industrial
warehouse
Rocklea QLD

Midtown Centre is a high quality, attractive and modern commercial building that is setting new benchmarks.

  • Acquired a leased industrial facility with NLA of approximately 8,500sqm in a joint venture arrangement
  • Initial value of $14 million
  • Principal tenant is Iveco Trucks Australia - a wholly owned subsidiary of Fiat Industrial Company whose operations have been on the site for over 20 years
  • Opportunities identified to increase the value of the property by negotiating an extension of the Iveco lease and developing surplus land for a possible further 10,000sqm of warehouse and office space
Team

Brisbane | COMMERCIAL

Address

155 Charlotte Street
150 Mary Street
Rocklea, QLD

Leasing enquiries

Email

Asset Management

Head of Queensland Asset Management
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Michael has been bringing his substantial property experience to AsheMorgan’s clients since 1990. His expertise spans development and construction, financing investment grade assets, joint ventures and funds management. He has been instrumental in expanding AsheMorgan nationally and driving the company’s transition from a major player in the arrangement of senior and mezzanine debt to a principal capital provider and asset manager. Michael heads up investor relations for both offshore and onshore capital and holds a Bachelor of Commerce Degree from the University of NSW and is a fellow member of the Australian Property Institute. He has also completed a Harvard Business School of Management leadership course.
Investment Associate
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Michael has been bringing his substantial property experience to AsheMorgan’s clients since 1990. His expertise spans development and construction, financing investment grade assets, joint ventures and funds management. He has been instrumental in expanding AsheMorgan nationally and driving the company’s transition from a major player in the arrangement of senior and mezzanine debt to a principal capital provider and asset manager. Michael heads up investor relations for both offshore and onshore capital and holds a Bachelor of Commerce Degree from the University of NSW and is a fellow member of the Australian Property Institute. He has also completed a Harvard Business School of Management leadership course.
ASSET ARTICLES
60 Margaret Street, Sydney

60 Margaret Street, Sydney

AsheMorgan, along with our co-manager and investment partners, is pleased to have completed the acquisition of 60 Margaret Street, Sydney.
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Midtown Centre, Brisbane – Winner of PCA 2023 QLD Development of the Year Award

AsheMorgan is proud to announce that Midtown Centre, Brisbane has been awarded by the Property Council of Australia the 2023 QLD Development of the Year Award. Midtown Centre sets a new benchmark in commercial development across architecture, sustainability, innovative design, and construction through merging of two adjoining buildings nearing the end of their economic lives in the Brisbane CBD. An exemplar project of how to repurpose existing underutilised assets into an innovative and contemporary workplace.
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Crossroads Homemaker Centre Sale

AsheMorgan, along with our investment partner Blackrock, is pleased to announce the sale of Crossroads Homemaker Centre, on behalf of our investors. Crossroads was an outstanding investment providing robust and resilient income returns through the pandemic to our investors and provided the opportunity to work with many of the nations leading large format retailers (LFR), as we took Crossroads to the 5th largest LFR Centre in Australia. The recent sale was the 2nd largest LFR transaction on record in Australia.
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