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Development/Land For Sale or For Lease found in FORTITUDE VALLEY QLD 4006

BLUE CHIP INVESTMENT - MIXED USE ZONING - BRISBANE CBD

Development/Land | Retail | Offices

> Fantastic opportunity to acquire a blue chip commercial investment with fantastic mixed-use development potential (STCA) located in the heart of the Brisbane CBD
> Outstanding two-level building with a CORNER position and excellent exposure to Wickham Street and Church Street
> Leased to major national tenant Godfreys vacuum and cleaning retailer
> The property features; wide glass frontage, spacious showroom, executive offices, storage spaces, access to basement, kitchenette, amenities and secure off-street parking
> Site area 450sqm approximately and zoned MU1 Mixed Use (Inner City)
> Short walking distance to; ample street parking, bus stops, Fortitude Valley railway station and multiple ferry transits on the Brisbane River
> Close proximity to the; Valley Pool, Brisbane Showgrounds, Chinatown, Victoria Park Golf Course, Royal Brisbane Hospital, Brisbane Central State School and the major business districts on Wickham and Ann Streets which includes; ALDI, Harvey Norman, Woolworths, Mercedes-Benz, popular cafes, restaurants, nightclubs and hotels

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Price Contact Agent
Building 450m²
Land 450m²
Occupancy Vacant
Property ID 268867

BUY SECURITY. REALISE POTENTIAL.

Offices | Development/Land | Other

JLL in conjunction with CBRE are pleased to offer a 100% freehold interest in 31 Duncan Street, Fortitude Valley – a car park, retail and office complex in the heart of Brisbane’s Fortitude Valley with potential for multiple development opportunities.
- Exceptional opportunity to acquire cash flow security and an irreplaceable car park asset
- 8.9-year WALE underpinned by a fifteen-year lease to the world’s largest car park operator
- Unlock the thirty (30) storey development potential of the site via the car parking lease’s redevelopment provision (Subject to Council Approval)
- Proximity to some of the best retail and lifestyle amenity that Brisbane has to offer and only 750m* to the Brisbane CBD.
For sale by International Expressions of Interest closing 12pm (AEST) Thursday 24 August 2017.
*Approximate Only

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Price Via International Expressions of Interest
Building 4126m²
Land 4200m²
Occupancy Vacant
Property ID 266678

SUBURB PRICE GUIDE

Suburb Summary - Fortitude Valley, QLD 4006

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $5506 $415 7.53%
Retail $7534 $516 6.85%
Industrial $194
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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