FOR SALE
For Sale by EOI closing Thurs 31 Oct 2024

88-96 Warren Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: 70
Floor area: 1801m2
Land area: 2533m2
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Vacant^ Commercial Building - Occupy, Invest, or Develop

RWC Queensland has the pleasure to offer 88-96 Warren Street Fortitude Valley in Brisbane, Queensland to the market.
With an existing vacant^ commercial building, this property offers multiple opportunities (STCA**) including:
- Occupy the existing commercial building;
- Invest and value-add by refurbishing and/or leasing the building; or
- Develop.
88-96 Warren Street Fortitude Valley is a prominent inner-city corner allotment with a modern two-storey commercial building situated just 300 metres* from the Brisbane CBD, 500 metres* from Fortitude Valley Train Station, and 600 metres* from Howard Smith Wharves.
- High traffic exposure with 172,900* vehicles weekly (at Wickham Street corner).
- Building Area - 1,801m²* NLA.
- Car Parking - 70 spaces.
- Land Area - 2,533m²* (83.3 metre* street frontage).
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Property Details for 88-96 Warren St, Fortitude Valley

Building Type
Commercial
Floor Size
1801m2
Land Size
2533m2

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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 8,128 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -45.80% decrease in median value, while Units have seen a 45.94% increase. As at 30 September 2024:

  • The median value for Houses in Fortitude Valley is $599,427 while the median value for Units is $563,438.
  • Houses have a median rent of $598 while Units have a median rent of $600.
There are currently 83 properties listed for sale, and 50 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 687 properties were sold in the past 12 months in Fortitude valley.

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Tom Barr
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