CBRE is pleased to present an opportunity to secure a 100% freehold interest one of South Brisbane’s most iconic trophy assets on the corner of Grey Street and Fish Lane.
Originally purpose built for the Commonwealth Bank of Australia, the building was designed to endure. Constructed with strength, security, and permanence at its core, it stands today as a proud symbol of Brisbane’s post depression resurgence and enduring commercial success.
Thirty years ago, the property was reborn as The Design Bank, cementing its position as a cornerstone of South Brisbane’s transformation.
Now offered with vacant possession, 89 Grey Street presents a once in a lifetime opportunity to acquire a landmark asset and shape its next chapter. This is your chance to put your name on a building that will stand proud well beyond the Brisbane 2032 Olympic Games, positioned to benefit from unprecedented global attention and long term growth.
With its prime corner position, exceptional exposure, transport connectivity, and underlying fundamentals, 89 Grey Street delivers a compelling, multi layered opportunity for owner occupiers, investors, and developers alike within one of South East Queensland’s most tightly held and high performing city fringe precincts.
Highlights include:
• PC1 zoning allowing maximum flexibility across retail, office, medical and residential (STCA)
• 396sqm* building across two levels
• Prime corner street frontage via Grey Street and Fish Lane
• First time offered with vacant possession in ~30 years
• Never to built our CBD and river views
• Stunning character features throughout creating an unmistakable sense of presence
89 Grey Street, South Brisbane is offered for sale via Expressions of Interest closing Thursday 28 May 2026, 3pm (AEST).
Remember to mention you found this property on CommercialReady
CBRE is pleased to present an opportunity to secure a 100% freehold interest one of South Brisbane’s most iconic trophy assets on the corner of Grey Street and Fish Lane.
Originally purpose built for the Commonwealth Bank of Australia, the building was designed to endure. Constructed with strength, security, and permanence at its core, it stands today as a proud symbol of Brisbane’s post depression resurgence and enduring commercial success.
Thirty years ago, the property was reborn as The Design Bank, cementing its position as a cornerstone of South Brisbane’s transformation.
Now offered with vacant possession, 89 Grey Street presents a once in a lifetime opportunity to acquire a landmark asset and shape its next chapter. This is your chance to put your name on a building that will stand proud well beyond the Brisbane 2032 Olympic Games, positioned to benefit from unprecedented global attention and long term growth.
With its prime corner position, exceptional exposure, transport connectivity, and underlying fundamentals, 89 Grey Street delivers a compelling, multi layered opportunity for owner occupiers, investors, and developers alike within one of South East Queensland’s most tightly held and high performing city fringe precincts.
Highlights include:
• PC1 zoning allowing maximum flexibility across retail, office, medical and residential (STCA)
• 396sqm* building across two levels
• Prime corner street frontage via Grey Street and Fish Lane
• First time offered with vacant possession in ~30 years
• Never to built our CBD and river views
• Stunning character features throughout creating an unmistakable sense of presence
89 Grey Street, South Brisbane is offered for sale via Expressions of Interest closing Thursday 28 May 2026, 3pm (AEST).
Remember to mention you found this property on CommercialReady
The Design Bank, 89 Grey Street, South Brisbane, QLD, 4101
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