FOR SALE
Asking $1,950,000

196 Wickham Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 400m2
Land area: 187m2
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Freehold 4 Level Building with Commercial Kitchen in the Heart of Fortitude Valley

Price slashed for a quick sale now.
With a commercial kitchen on the ground floor and 2 extra levels on top plus basement, you have so much flexibility and potential for what you can use this space for.
- Massive exposure and signage opportunities on busy Wickham Street and directly opposite Duncan Street (Brisbane China Town).
- Ground floor fully fitted out commercial kitchen and restaurant approximately 125m2.
- First floor with multiple rooms for flexible uses.
- Second floor open plan open for anything which would be suitable for you.
- Basement with 2 large cold rooms and area for extra storage.
- Front part of basement approximately 95m2 leased out to adjoining business.
- Airconditioned.
- Total 6 bathrooms and 1 shower.
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Property Details for 196 Wickham St, Fortitude Valley

Building Type
Commercial
Floor Size
400m2
Land Size
187m2

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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 8,126 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 90 properties listed for sale, and 55 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 679 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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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.