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Lot 105/247 Wickham Street Fortitude Valley, QLD 4006

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Lot 105/247 Wickham Street,
Fortitude Valley, QLD 4006

Hotel, Motel & Leisure • Shops & Retail

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Map of Lot 105/247 Wickham Street

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Iconic Fortitude Valley Retail Investments | Three Lots For Sale Individually

  • Long history of tenure on-site
  • Experienced national operator
  • Iconic Fortitude Valley location
Burgess Rawson is pleased to offer to the market, O’Skulligans Fortitude Valley for sale via our Auction Investment Portfolio 154.

The property has the following investment highlights:

+ Brand new 5 year lease to 2027
+ O’Skulligans: experienced national hospitality operator with numerous locations across Australia
+ Fixed 3% annual rent increases providing built in growth
+ 132sqm* ground floor lot in the iconic McWhirters building with outstanding exposure to Warner Street
+ Ideal location in the heart of Fortitude Valley with over $5.5 billion in nearby approved or proposed residential and commercial developments including 310,000sqm of office space
+ Surrounded by major key infrastructure projects shaping Brisbane, Australia’s new world city and host of the 2032 Olympic Games
+ Prominent corner site exposed to high levels of foot and vehicular traffic
+ Ideal entry level retail investment in key metropolitan growth location
+ Two adjoining lots also for sale individually leased to Cash Converters and Vinnies
+ Advertise space available from 132sqm up to 680sqm
+ Net Income: $59,016 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 4 August 2022
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

Property ID: 504107311Last Updated: 1 Mar 2024

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Lot 105/247 Wickham Street
Fortitude Valley, QLD 4006
Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
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