Hudson Investment Group Limited proposes to acquire two fully tenanted commercial properties in Bowen Hills, Brisbane, Queensland which have redevelopment potential. They are Units 1 and 2, 41-43 Brookes St, Bowen Hills Queensland LD being Lots 1 and 2 in Group Titles Plan 1074 (First Brookes Street Property). The vendor is Biogene Property Investments Pty Ltd. The First Brookes Street Property consists of two lots in a Group Titles Plan No. 1074. The parent parcel of land the subject of the Group Titles is regular shaped and positioned to the western side of Brookes Street, diagonally opposite its intersection with Mallon Street. The land is improved with a freestanding part two level commercial office and warehouse building which was constructed circa 1980's. The building is set on a reinforced concrete slab with a suspended reinforced concrete slab to the first floor office areas. The building has brick external walls and a corrugated sheet metal roof. The building has been configured to comprise 2 strata title units with each unit of equivalent size to the other. Unit 1 is set over two levels with the main access being from Brookes Street and this provides a very good standard of accommodation over both levels. Unit 2 is primarily accessed from the Exhibition Street frontage of the building and this is occupied by a plumbing supplies firm with the majority of accommodation being warehouse. There is a concrete sealed car parking area to the front and rear of the property with a total of 20 open air car parking spaces. Each unit has its own kitchenette, male and female amenities. The building comprises two tenancies and the building is currently wholly occupied; and 47 Brookes St, Bowen Hills Queensland being Lot 1 in Registered Plan 167860 (Second Brookes Street Property). The vendor is Millennium QLD Pty Ltd, a wholly owned subsidiary of Millennium Ltd. The Second Brookes Street Property comprises a lot in a registered plan 167860. The parcel of land is also regular shaped and positioned to the western side of Brookes Street, directly opposite its intersection with Mallon Street. The land is improved with a freestanding part two level commercial office and warehouse building which was constructed circa 1980's. The building is set on a reinforced concrete slab with a suspended reinforced concrete slab to the first floor office areas. The building has brick external walls and a corrugated sheet metal roof. The two level office area has plasterboard lined internal walls and a suspended grid ceiling with recessed lighting and ducted air conditioning. The warehouse area is clear span and this is accessed via a full height roll steel shutter door to the Exhibition Street frontage. The warehouse area has a number of sound studios which have been constructed using a timber frame with glass and plasterboard cladding. There is a concrete sealed car parking area to the front and rear of the property with a total of 20 open air car parking spaces. Each tenancy also has its own kitchenette and male and female amenities. The building comprises three tenancies and is currently wholly occupied.