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395 St Pauls Terrace, Fortitude Valley, Qld 4006

395 St Pauls Terrace, Fortitude Valley, Qld 4006

Land/Development Offices

  • Sold Contact Agent
  • Sat 31-Aug-19

  • Land Area
  • 1695.00 m² (approx)
  • Floor Area
  • 1,450 m²
  • Tenure Type
  • Vacant Possession
  • Last Updated
  • Sep 18, 2019
  • Parking Comments
  • 26 Car Parks

Interested in this property? Contact an Agent today

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street

Brisbane City Qld 4000

Strategic Development Site with Holding Income

JLL, on behalf of Pearce & Heers acting as Receivers and Managers, is pleased to present to the market for sale 395 Saint Pauls Terrace, Fortitude Valley.

The key opportunity highlights are as follows;

• Strategically located 1,695sqm site with dual street access
• Functional 1,450sqm* office building over three levels with twenty-six (26) on grade car parks
• Fully leased to national covenant Australian Institute of Fitness until June 2021
• Current annual rental of $490,000* gross per annum (plus GST)
• Development upside to fifteen (15) stories under Principle Centre Zoning
• Walking distance to Valley Metro, King Street & Brunswick Street
• 4 star NABERS Rating

For sale via Expressions of Interest close 4pm (AEST) Thursday 27 June, 2019.

For further information or to arrange an inspection, please contact the exclusive marketing agents.

395 St Pauls Terrace, Fortitude Valley, Qld 4006

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