THE ELEPHANT HOTEL, 230 Wickham Street,
Fortitude Valley, QLD 4006
Hotel, Motel & Leisure
Key property information
Floor area
Property extent
Tenure type
Sold on
Map of THE ELEPHANT HOTEL, 230 Wickham Street
THE ELEPHANT HOTEL
- High profile inner city asset
- Secure long term cash flow
- Repositioning and value add opportunity
CBRE and JLL are pleased to present The Elephant Hotel at 230 Wickham Street is for sale.
Key investment highlights:
- High profile character building with an expansive range of adaptive re-positioning strategies
- Secure long-term cash flow from long standing Elephant Hotel either as a tenant or as a going concern
- Incredibly inner-city location in the heart of Brisbane’s entertainment precinct.
- Multifaceted hotel and business operation with strong performing bottle shop and underlying gaming value
There are two options available when purchasing the asset:
A prospective purchaser can acquire the property as a freehold going concern, taking on The Elephant Hotel, Greaser Bar, The Foundry, Prosperity Lounge and the detached Valley Wine Shops.
The prospective purchaser can purchase the property only and the owner will structure a leaseback commencing at settlement.
Key investment highlights:
- High profile character building with an expansive range of adaptive re-positioning strategies
- Secure long-term cash flow from long standing Elephant Hotel either as a tenant or as a going concern
- Incredibly inner-city location in the heart of Brisbane’s entertainment precinct.
- Multifaceted hotel and business operation with strong performing bottle shop and underlying gaming value
There are two options available when purchasing the asset:
A prospective purchaser can acquire the property as a freehold going concern, taking on The Elephant Hotel, Greaser Bar, The Foundry, Prosperity Lounge and the detached Valley Wine Shops.
The prospective purchaser can purchase the property only and the owner will structure a leaseback commencing at settlement.
Fortitude Valley, 4006 demographic data
The median household income for Fortitude Valley is $1,658, 10% lower than Greater Brisbane's household income of $1,849. Fortitude Valley has a younger age profile compared to the rest of Greater Brisbane (median age 31 vs 36). Property ownership data shows 69% of property owners in Fortitude Valley have a mortgage.
9,708
Population
$1,658 per week
Median household income
31 years
Median age
Renters
Most residents
Singles
Most households
THE ELEPHANT HOTEL, 230 Wickham Street
Fortitude Valley, QLD 4006
CBRE - HotelsLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
CBRE - BrisbaneWaterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
JLL - Hotels & Hospitality GroupLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Contact Agency
JLL - AustraliaLevel 25 420 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$2,500,000
383 St Pauls Terrace,Fortitude Valley, QLD 4006 507 m²Hotel, Motel & Leisure • Development Sites & Land
Contact Agent
Lot 105/247 Wickham Street,Fortitude Valley, QLD 4006 132 m²Hotel, Motel & Leisure • Shops & Retail