101, 247 Wickham Street, Fortitude Valley, QLD 4006

Retail | Medical | Offices

For Sale Contact Agent

Auction: Wednesday, Apr 17, 11:00 AM

  • Property ID: 442111
  • Floor Area: 72m²
  • Occupancy: Vacant
Iconic Fortitude Valley - Anchor Retail

Auction Location: On Site

Located on the ground floor with street frontage this property has excellent exposure to Wickham and Brunswick Streets. Exceptional amenities and attractions surround this prime corner such as the Fortitude Music Hall, the Brunswick Mall, Hotels, Office buildings and Valley Metro.

150m walk to the Fortitude Valley train station and surrounding bars, restaurants and nightclubs, there is no shortage of foot and vehicle traffic - with Friday and Saturday night bringing in thousands of businesses opportunities.

Key features:

• 72m2 retail space that suits food, bar or convenience with bus stop directly outside
• Equipment in place - fully fitted convenience store with 8 fridges/freezers.
• Storage - 16m2, exclusive use, short term income in place.
• Dual shop access.
• Ideal location in the heart of Fortitude Valley with over $5.5 billion in nearby approved or proposed residential and commercial developments including 310,000m2 of office space.


Outgoings:

Body Corporate: $11,440 Per Year
Council Rates: $5,536 Per Year
Urban Utilities: $1,280 Per Year

Fortitude Valley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $307 ---
Retail $5805 $519 8.94%
Offices $5543 $711 12.82%
This is the average advertised price, rent and yield for Fortitude Valley, QLD 4006*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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.
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Property Detail Notes:

  • 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.
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