FOR SALE
PRICE REDUCED - CONTACT AGENT

230/247 Wickham Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 35m2
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PRICE REDUCED MUST SELL - RARE MCWHIRTER'S ENTRY LEVEL RETAIL INVESTMENT !

Raine & Horne Commercial are pleased to present to market this excellent investment opportunity, perfect for SMSF buyers.
Featuring:
• 35sqm bite-size retail investment
• Fully leased to 'Best Friends - Kainan sa Valley' until 2027 + 5yr option
• Net return of $28,818* per annum + GST
• Situated in the food court of the iconic McWhirters building
• Street access to Brunswick Street Mall and Wickham Street
• Direct access to McWhirters car park and Fortitude Valley Railway Station
• Great tenancy mix including grocers, eateries, and retailers
• Central location and exposure to daily commuters!
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Property Details for 230/247 Wickham St, Fortitude Valley

Building Type
Commercial
Floor Size
35m2

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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 8,274 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -52.15% decrease in median value, while Units have seen a 45.03% increase. As at 30 November 2024:

  • The median value for Houses in Fortitude Valley is $660,298 while the median value for Units is $568,402.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 77 properties listed for sale, and 53 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 695 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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Hudson Dale
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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.