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168 Knapp Street
Fortitude Valley QLD 4006
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Sold on 23 Oct 2023

168 Knapp Street Fortitude Valley QLD 4006

  • Offices
  • 398 m²
  • Sold

Fully Leased Commercial Investment

    168 Knapp Street, Fortitude Valley, Brisbane Qld represents a rare opportunity for investors to purchase a fully leased freehold commercial property just 1.5 kilometres* from the Brisbane CBD in one of Brisbane's most exciting commercial and lifestyle precincts.

    - Positioned in a major growth corridor and within walking distance to some of the best retail and lifestyle amenity in Brisbane: Gasworks (250 metres*); Emporium (200 metres*); James Street Precinct (500 metres*); and Brisbane Showgrounds Precinct (500 metres*).
    - Situated next to 'Homemaker The Valley' centre which includes a Goodlife Health Club, Green Bean Coffee, Café 63, and ALDI Supermarket.
    - Short walk to both Fortitude Valley and Bowen Hills Train Stations - 2 of only 4 stations in Brisbane servicing all lines in the network.
    - Land Area - 344m²*.
    - Two Street Frontages - Knapp Street and Hynes Street.
    - Building Area - 398m²* office accommodation over two levels.
    - Energy efficient building - 57 solar panels on roof and PV inverter.
    - Car Parking - 8 bays on-site accessed via Hynes Street.
    - 100% leased to Salter Brothers - a global fund manager with a focus on specialist property, credit and private equity operating across Australia and USA. Group Assets Under Management of over AUD$3 Billion*.
    - 5 year lease (expiring 18 April 2028) with options to 18 April 2033.
    - Net Passing Income - $250,000 per annum with fixed annual increases of 3%.
    - Outstanding rent rebate ($50k p.a.) will be adjusted for at settlement.
    - Tenant responsible for all statutory and operational outgoings costs, including land tax.
    - Zoned LMR2 - Low-medium density residential (2 or 3 storey mix).
    - No flood inundation in past flood events.
    - Huge potential for future development and capital growth in a booming precinct.

    For Sale via Expressions of Interest
    Closing Thursday, 21 September 2023 at 3pm (AEST)

    *Approx.
    Image outlines indicative only.

    RWC Queensland
    RWC Queensland
    Level 26/111 Eagle St
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold23 Oct 2023
    Floor Area398 m²
    Land Area344 m²
    Energy0-star NABERS Energy rating
    Parking8 x Onsite parkings
    Property ID2018732622
    Category
    Last updated  13 Nov 2023
    Map for 168 Knapp Street Fortitude Valley QLD 4006

    Nearest transport* to 168 Knapp Street Fortitude Valley QLD 4006

    Bus
    Train
    Tram
    Ferry
    Wickham St at Knapp Street Stop 858 m
    Wickham St at Light Street, stop 7193 m
    Ann St at Chester Street, stop 7291 m
    Commercial Rd near Stratton St, stop 12300 m
    This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
    *Within a 4km radius
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    nbn® Fibre to the Curb (FTTC) is available in this property
    Max wholesale speed tier available: nbn® Fibre to the Curb
    RWC Queensland
    RWC Queensland
    Level 26/111 Eagle St
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold23 Oct 2023
    Floor Area398 m²
    Land Area344 m²
    Energy0-star NABERS Energy rating
    Parking8 x Onsite parkings
    Property ID2018732622
    Category
    Last updated  13 Nov 2023

    Listed by

    Tom Barr
    Tom Barr
    RWC Queensland
    Call
    +61 405 144 352

    More about 168 Knapp Street Fortitude Valley QLD 4006

    168 Knapp Street Fortitude Valley QLD 4006 is categorized as Office. It has a floor area of 398 m². There are 8 x onsite parkings.The listing ID for this property is 2018732622.

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