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88-96 Warren Street Fortitude Valley, QLD 4006

Sold on 6 Nov 2024
  • Building: 1,801m²
  • Land: 2,533m²
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Offices in Fortitude Valley

Vacant^ Commercial Building - Occupy, Invest, or Develop

  • Building: 1,801m²
  • Land: 2,533m²

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).
  • Existing Lease to Global Mind Australia Pty Ltd has a termination clause (30 days notice to lessee).
  • Current Net Income - $1,120,000 per annum*.
  • NABERS Rating - Currently an 'Exception'.
  • Zoned MU1 Mixed Use (Inner City).
  • 15 storey allowable building height (STCA**).
  • Zoning allows for commercial, retail, residential, government, service, community, cultural activities, and more**.
  • Proximity to some of Brisbane's most prominent retail and lifestyle amenity including the Howard Smith Wharves and James Street precincts.
  • Exceptional public and private transport connectivity, with train-bus-ferry services all nearby.
  • Location set to benefit from significant major projects infrastructure including Valley Metro, Brisbane Live, RNA Showgrounds Regeneration Project, and Waterfront Brisbane.
  • Situated just 1 kilometre* from Victoria Park which is a proposed site for the main stadium and other infrastructure for the 2032 Olympic Games.

A rare opportunity to secure a piece of this tightly held precinct. Huge potential for future capital growth and development.

For sale via Expressions of Interest campaign closing Thursday 31 October 2024 at 3.00pm (AEST).

*Approximately (radial km)
**Subject to Council Approval
^Termination clause in existing lease (30 days)
Image outlines/labels indicative only

Building:

1,801m²

Land:

2,533m² / 0.63 acres

Tenancy:

Tenanted

Categories:

Offices, Land/Development, Medical/Consulting

88-96 Warren Street, Fortitude Valley, QLD 4006