MP Commercial (in conjunction with Chesters Real Estate) has the exclusive privilege of offering 22-24 Constance Street, Fortitude Valley for sale and we summarise the key investment features of the property as follows:
- 2,403 sqm* refurbished character office - invest, occupy or redevelop
- Fully leased net income of $1.29 million per annum*
- Short term WALE (0.53 years) providing potential for rental reversion or development upside
- $250k+ recent capex spend; 5-Star NABERS rating
- 1,539 sqm* PC1-zoned freehold site, code-assessable to 15 storeys with no heritage overlay
- Situated in Fortitude Valley, where rents have surged 11-12% year-on-year and vacancy sits at just 9.3%
- 300m* to Fortitude Valley Station; 700m* to the Cross River Rail interchange (2026)
- 24m* street frontage in Brisbane's prime fringe growth corridor
*Approximately
For Sale via Expressions of Interest Closing 2:00pm (AEST) Thursday 7 August, 2025.
If you would like further information or would like to arrange an inspection or access to the due diligence material, please contact the exclusive selling agents.