Goldfields acquires prime mixed-use development site in Brisbane’s James St Precinct

Diversified national property developer Goldfields has further cemented its position in the South-East Queensland market with the acquisition of a circa 2,000m2 development site at 88 Robertson Street in inner Brisbane’s vibrant James St precinct, Fortitude Valley.

Goldfields’ Chief Executive Officer, Lachlan Thompson, said the decision to invest in the inner Brisbane market is a vote of confidence in the strength and future of South -East Queensland.

“Even in a challenging market, we knew we had to jump at a development opportunity in Fortitude Valley – 88 Robertson Street is the perfect location for the type of high quality mixed-use commercial and retail precincts that Goldfields is renowned for.”

“While we are finalising our plans for the site, a priority will be further improving the neighbourhood amenity and sustainability through investment in the local streetscape, landscaping, deep planting of street trees, EV charging stations, and exciting hospitality spaces.”

Goldfields will shortly be commencing a community engagement programme to understand how it can best deliver a world-class commercial, retail, and urban renewal outcome on the site.

The sale, for an undisclosed price, was negotiated by JLL’s Director and Head of Metropolitan Sales & Investments for Queensland, Tim Jones and Associate Director, Metropolitan Sales & Investments for Queensland, Harry Borger.