IT’S more than 80 years old and still hot property.
The historic Yeronga Fire Station in Brisbane’s southwest has changed hands in a cash unconditional deal after multiple offers were put on the post-auction negotiating table.
Built in 1934, the landmark property at 785 Ipswich Rd has been snapped up by construction company Stokes Wheeler for $925,000.
According to CoreLogic RP Data records, it is the first time the Heritage-listed asset has transacted since 2001, when it sold for $230,000.
Ray White Industrial’s Aron Burtenshaw, who marketed the property with colleague Matt Wray, said despite massive interest, the fire station was passed in at auction just before Christmas.
“The owners took a break over Christmas but we resumed negotiations with interested parties and by the end of January we had multiple offers,” he said.
Mr Burtenshaw said the $925,000 purchase price was “well above the highest bid on auction day”.
He said Stokes Wheeler planned to occupy the 280sq m, two-level building as its head office, relocating from premises at Loganholme.
The fire station is one of the earliest designs from longstanding architecture firm Conrad and Gargett, which also designed Brisbane’s Old Government House and Customs House.
The fire station provided firefighting services to the surrounding areas until 1974 when the building was passed on to the SES, which used it as a base and training centre for 24 years.
“This is a well-constructed and truly unique office space with original finishes and fittings,” Mr Wray said.
The interior includes an original fire pole man hole and working counter-levered garage doors, which open into an engine room preserved in its original state.
Originally Published: http://www.couriermail.com.auv