Freestanding iconic building in the heart of Brisbane.
Freehold Investment – Fully leased freestanding iconic building in the heart of Brisbane.
Opportunity to secure this unique Freehold fully leased investment in the heart of Brisbane’s vibrant night club precinct of Fortitude Valley - Main Street Exposure.
Prime Location:
Located on the bustling Ann Street, this property boasts an enviable position with high visibility with approximately 60,000 vehicles per day passing by. As Brisbane gears up for the Olympics, Fortitude Valley is expected to become an even more vibrant hub, attracting locals and visitors alike.
Strategically situated within walking distance of Brisbane's CBD, The Story Bridge, and the picturesque Brisbane River. The nearby Howard Smith Wharves, with its trendy restaurants and entertainment options, further adds to the desirability of this location.
Capitalize on this exciting growth and secure your investment today!
Unmatched Potential:
Spanning an impressive 1,213m2 land area with approximately 1,600m2 building size, this freehold property presents an exceptional opportunity for savvy investors.
Currently fully leased to a long-term tenant that generates an impressive annual return of approximately $928,000 nett!
Future Development Potential:
With future development potential, this property offers the possibility for expansion - STCA.
Seize the opportunity to shape the future of this prime location and maximize your investment returns.
Don't miss out on this exceptional investment opportunity in one of Brisbane's most dynamic locations.
Brokers Comments: Properties like this rarely come up for sale.
Buy now with a holding income with a view to future redevelopment potential.
Overview
Long lease in place.
Price Slashed: $18m
Code 303637
For more information on this business, please read our ConfidentialityAgreement (by clicking here), complete and submit this form, and we will contact you with further details on this opportunity.