Interbiz Business Brokers is pleased to present a rare and exceptional freehold investment opportunity in the heart of Brisbane's bustling Fortitude Valley. With the 2032 Brisbane Olympics on the horizon, this is your chance to secure a prime asset in one of the city's most vibrant precincts.
Property Highlights:
Prime Location: This 2-level building is situated in the heart of Fortitude Valley, Brisbane's iconic nightclub precinct.
Substantial Land Area: Expansive 1,213m² site with prominent Ann Street frontage with a lettable area of approximately 1,800m2.
Fully Leased: Long-term tenant in place, providing a robust net income of $856,896.00 per annum.
Future Development Potential: Unlock further value with potential redevelopment opportunities (STCA).
Strategic Positioning: Walking distance to Brisbane's CBD, Story Bridge, Brisbane River, and Howard Smith Wharves.
Broker's Comment:
Opportunities like this are a rare find. With a secure net holding income of $856,896.00 per annum and future redevelopment potential (STCA), this is an investment you don't want to miss.
Investment Details:
Current Lease: Secured until 2029 with the same tenant for 39 years!
Price: $14.5 million
Property Code: 303637
Seize this chance to invest in a property that offers both immediate returns and significant future potential.
Contact Interbiz Business Brokers today to learn more about this exceptional opportunity!