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

DEVELOPMENT POTENTIAL PLUS HOLDING INCOME!

Development/Land

This busy Fortitude Valley site combines an excellent development opportunity with holding income from an operational motel.
- 1619m2 site with 3 buildings with a total of 37 rooms and 17 car spaces
- Potential (STCA) for 10+ storeys with Spring Hill Neighbourhood plan due for update mid 2016
- Across the road from 30 storey quality development http://metroba.com.au
- 270m to RNA redevelopment at the Brisbane Showgrounds http://www.rna.org.au/redevelopment.aspx
- 488m to Brunswick St Railway Station
- 380m to Gurner development http://www.gurner.com.au/the-collection/flatiron
- 1530m to Brisbane GPO
For further information or to arrange an inspection contact R&W Commercial Brisbane North now!

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Price: Offers to Purchase    Land: 1619m²    Occupancy: Vacant

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 $5252 $414 7.89%
Retail $7241 $535 7.38%
Industrial $202
* 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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