FOR SALE
$1,600,000 +

14/115 Wickham Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 260m2
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Exceptional Jazz Bar with Freehold on Vibrant Wickham Street

Introduction:
Welcome to an extraordinary opportunity to own a piece of Fortitude Valley's vibrant nightlife! Nestled in the heart of the entertainment district, this jazz bar is more than a venue – it's an experience. Boasting a freehold property at 115 Wickham Street, this is a rare chance to own a thriving establishment with endless potential positioned on a corner with massive quantities of drive by and walk by traffic.
Exposure Exposure Exposure!
Property Highlights:
Prime Location: Located on the iconic Wickham Street, the jazz bar enjoys high foot traffic and is a cornerstone of the lively Fortitude Valley scene.
Freehold Ownership: Secure your investment with the unique advantage of owning the property outright. No leases or rental concerns – the property is yours to shape and grow.
Established Jazz Bar: The venue has become a hub for jazz enthusiasts, offering an intimate setting for live performances and a cozy atmosphere for patrons to unwind.
Fully Equipped: The bar comes fully equipped with a stage for live performances, a well-stocked bar, comfortable seating, and a stylish ambiance that sets the perfect tone for jazz lovers.
License and Permits: All necessary licenses and permits are up to date, making the transition of ownership smooth and hassle-free.
Business Potential:
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Property Details for 14/115 Wickham St, Fortitude Valley

Building Type
Commercial
Land Size
260m2

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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 8,123 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 13.04% increase in median value, while Units have seen a 47.76% increase. As at 31 October 2024:

  • The median value for Houses in Fortitude Valley is $1,224,170 while the median value for Units is $564,483.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 89 properties listed for sale, and 55 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 682 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Adam Sargent
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Oxbridge Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.