Queensland Country Bank Secures Prime Location in Brisbane CBD’s ‘Golden Triangle’

Queensland Country Bank is set to strengthen its presence in Southeast Queensland by acquiring a $19 million commercial building at 247 Adelaide Street in Brisbane.


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The 3,044 sqm property is located in the heart of Brisbane’s vibrant “Golden Triangle” commercial precinct, adjacent to the Post Office Square.

Photo credit: Queensland Country Bank/Google Maps

The newly acquired building will serve as the future home of the bank’s Brisbane-based administrative teams and a planned CBD branch. Colliers Queensland, which negotiated the sale, confirmed that the property will complement Queensland Country Bank’s Townsville head office. The building’s remaining space will be leased to existing tenants, generating a steady income stream for the bank.

Photo credit: Google Street View

CEO Aaron Newman expressed the strategic importance of this acquisition:
“The building acquisition was necessary to support the Bank’s strong growth across Queensland, particularly in the South East corner, as it pursues its vision to be Queensland’s best regional bank.”

About the Queensland Country Bank

Photo credit: G P/Google Maps

Queensland Country Bank, originally established in 1971 as Isa Mine Employee’s Credit Union Limited in Mount Isa, has a rich history of supporting Queenslanders. By the late 1970s, its member-owned model had gained traction, expanding to serve employees of Pioneer Sugar in North Queensland. Over the decades, the bank broadened its membership eligibility, services, and branch locations, transforming into a state-wide member-owned bank.


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This latest expansion marks another milestone in Queensland Country Bank’s mission to serve communities across the state. With the new Adelaide Street location, the bank is well-positioned to continue its legacy of growth while offering convenient and accessible services to its members in Brisbane’s CBD.

Published 27-December-2024

Brisbane CBD Welcomes Third McDonald’s

Did you know that McDonald’s is set to open its third CBD location at the revitalised Post Office Square?



Photo Credit: Pexels

The Golden Arches will soon grace the entrance of the revitalised square, marking a significant milestone in the area’s transformation. McDonald’s has signed a 10-year lease for a 191 square metre space facing Queen Street, solidifying its position as the anchor tenant for the food and retail hub.

McDonald’s Operations Manager for Queensland, Steve Jamieson, expressed enthusiasm for the new venture, stating that the company would invest $3 million to fit out the restaurant and create 100 new jobs. Jamieson also emphasised McDonald’s commitment to being an active part of the local community and anticipation for serving customers later this year.

The new McDonald’s will join the existing outlets at Central Station and Queen Street Mall, catering to the growing demand for fast food in the bustling CBD.

Photo Credit: Pexels

Simon Juniper, Managing Director of Development Australia at LaSalle Investment Management, highlighted the strategic importance of the lease, noting that Post Office Square’s high foot traffic and proximity to over 100,000 CBD workers make it an ideal location for a new McDonald’s.

Juniper further explained that LaSalle’s investment in the square aims to create a more inviting and accessible space featuring wider walkways, increased greenery, and a carefully curated mix of tenants.

Taylor Macri of Vente Property emphasised the role of revitalisation in attracting tenants like McDonald’s. Macri stated that their research indicates a growing demand among workers for diverse culinary options and appealing spaces for meal breaks.



He added that Post Office Square is responding to these trends by offering a vibrant dining precinct with ample seating, modern amenities, and a welcoming atmosphere.

Published Date 05-November-2024