FOR SALE
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221/247 Wickham Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 165m2
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QUALITY RETAIL INVESTMENT WITH HEAVY FOOT TRAFFIC!

This prime 165m2 retail tenancy, situated in an excellent location within Fortitude Valley, boasts dual access to the bustling Brunswick Street Mall and the iconic McWhirters Mall. Notably, the glass frontage bar facing the mall ensures exceptional exposure, making it a highly attractive option for businesses. Moreover, this location enjoys extended trading hours within Brisbane's premier entertainment precinct, further enhancing its appeal.
• 165sqm prime retail space
• Full commercial kitchen with cold room
• Street frontage bar area
• Great exposure and foot traffic
• Heart of Fortitude Valley entertainment precinct
• New 3 x 3 x 3 year lease returning $84,000 Gross p/a + GST
For further information or to arrange an inspection, please contact your local Raine & Horne Commercial agents.
Listing ID: 1110107

Property Details for 221/247 Wickham St, Fortitude Valley

Building Type
Commercial
Floor Size
165m2

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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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Keelan Mylius
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Riley Hall
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Raine & Horne Commercial Brisbane North
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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.