FOR SALE
EOI Closing 4pm Monday 12 August 2024

230/247 Wickham Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 35m2
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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 8,273 properties.

    There are currently 105 properties listed for sale, and 67 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 685 properties were sold in the past 12 months in Fortitude valley.

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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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