39-55 Brunswick Street, Fortitude Valley, QLD 4006

Hotel/Leisure | Development/Land

Sold $3,000,000

  • Property ID: 343953
  • Floor Area: 1600m²
  • Land Area: 1619m²
  • NBN Availability: Build Commenced
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 1600m2 1619m2 N/A
Freehold Motel Investment With Further Development Upside!

- 37 newly refurbished motel rooms
- Three-star accommodation with a variety of self-contained rooms;
- 3 separate buildings with 16 on-site parking spaces;
- 1,619 m2 site zoned for up to 10 storeys;
- 5 minute walk to Royal Brisbane hospital and the Showgrounds;
- 500 meters to train station & 1.5km to Brisbane CBD;


Suburb Profile & Access

Only one kilometre from the Brisbane CBD, Fortitude Valley has developed into a business district in its own right. As with its neighbouring suburbs, Fortitude Valley has undergone extensive redevelopment over the last decade.

A mix of commercial and residential, much of the business activity around the Valley happens between St Pauls Terrace and McLachlan Street. Of the residential housing available in the area, new unit and apartment complexes make up the majority, attracting many young singles and couples to the area.

A small hub of entertainment venues, cafes, nightclubs, galleries and restaurants, Fortitude Valley draws residents and visitors from around Brisbane out of their homes every weekend for a lively party or a casual meeting among friends.

Shopping around the Valley is always an adventure with the variety of food outlets in the China Town and the Brunswick Street Malls complemented by fashion boutique stores along Ann Street. The Valley markets on Saturdays also provide a fun alternative to retail shopping.

The Valley's public transport services are excellent with a train station and regular bus services heading into and out of the City centre.

In recent years, old warehouses and commercial sites have been redeveloped into mixed-use buildings catering for apartment living and retail or office space.

Fortitude Valley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5092 $429 8.42%
Industrial $10784 $260 2.41%
Offices $4126 $528 12.79%
This is the average advertised price, rent and yield for Fortitude Valley, QLD 4006*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×