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1 Prospect Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 180m2
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Valley Turnkey Restaurant and Bar with waiting clientele.

Phone enquiries - please quote property ID 34351.
Are you an experienced hospitality operator with a passion for vibrant spaces? Do you dream of running your own venue but lack the funds or appetite for risk? This is the opportunity you've been waiting for!
Situated at 1 Prospect Street Fortitude Valley, and also opening onto Hynes Street, with a deck and dining area. It’s the only fully fitted-out Restaurant & Bar in the vicinity. It’s near the bustling Valley heart, but surrounded by apartments, many small businesses and 2 high rise towers of office workers, this prime location is perfect for building a thriving business. Capitalize on the lack of competition and focus on the custom audience on hand. Even in tough economic times like now a Savey operator couldn’t help but succeed.
Property Highlights:
• Prime Location: Perfectly positioned to service patrons from the many nearby apartments and offices workers.
• Turnkey Operation: The venue is fitted out and requires minimal work to reopen.
• Liquor License: It is still in place, from 10.00am to midnight 7 days.
• Kitchen: Well-appointed kitchen exhaust and appliances.
• Cold room: Complete with deep freeze and beer equipment for 12 taps.
• Only Bar in the area: The only venue with a bar in the nearby vicinity.
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Property Details for 1 Prospect St, Fortitude Valley

Building Type
Commercial
Floor Size
180m2

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About Fortitude Valley 4006

The size of Fortitude Valley is approximately 1.4 square kilometres. It has 2 parks covering nearly 1.5% of total area. The population of Fortitude Valley in 2011 was 5,615 people. By 2016 the population was 6,976 showing a population growth of 24.2% in the area during that time. The predominant age group in Fortitude Valley is 20-29 years. Households in Fortitude Valley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fortitude Valley work in a professional occupation. In 2011, 27.3% of the homes in Fortitude Valley were owner-occupied compared with 21% in 2016.

Fortitude Valley has 8,265 properties.

    There are currently 110 properties listed for sale, and 55 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 684 properties were sold in the past 12 months in Fortitude valley.

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