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395 St Pauls Terrace Fortitude Valley QLD 4006

  • Development / Land
  • Land Size1,695 m²
  • PriceFor Sale, Contact Agent

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.

Property Highlights

Property ID2015308313
Floor Area1,450 m²
Land Area1,695 m²
EnergyAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  28 May 2019
Map for 395 St Pauls Terrace Fortitude Valley QLD 4006
JLL - Brisbane
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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