FOR SALE
Offers from $500k Considered

Lot 30/1000 Ann Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 36m2
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Vendor wants investment Sold! - Submit Offers now!

David Brinkley from Ray White Commercial is pleased to present Lot 30 at 'The Emporium' 1000 Ann Street, Fortitude Valley.
PROPERTY FEATURES
• 36m²* prime ground floor tenancy plus additional 20m²* exclusive use outdoor seating area
• Secured lease to "I am ARI Dessert Cafe"
• Current lease runs until 3 April 2025 with further 3 year option to follow
• Current Rent: $30,235 per annum plus outgoings plus GST
• 3 month rental security bond
• Some existing plant and equipment included with sale (contact agent for further details)
• High foot traffic and exposure
• Next door to popular Guzman Y Gomez and Go Sushi
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Property Details for Lot 30/1000 Ann St, Fortitude Valley

Building Type
Commercial
Floor Size
36m2

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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 8,072 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 86 properties listed for sale, and 53 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.

Suburb Insights for Fortitude Valley 4006

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David Brinkley
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RWC Noosa & Sunshine Coast
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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.