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395 St Pauls Terrace, Fortitude Valley, QLD 4006

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395 St Pauls Terrace, Fortitude Valley, QLD 4006

395 St Pauls Terrace, Fortitude Valley, QLD 4006

Properties / Sold / Queensland / Fortitude Valley
Development Potential

1. Property Summary

Property Type
Commercial
Land Area
1,965 m² (*approx)
Selling Method
Expressions of Interest: Thursday 27 June at 4:00pm
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2. Property Highlights

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.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial
Land Area
1,965 m² (*approx)
Selling method
Expressions of Interest: Thursday 27 June at 4:00pm

2. Property Highlights

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.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Tim Jones
Tim Jones
+61 *** *** *** show +61 478 787 974

Download Development Site Report
Tim Jones
Tim Jones
+61 *** *** *** show +61 478 787 974

3. Property Location

395 St Pauls Terrace, Fortitude Valley, QLD 4006

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395 St Pauls Terrace, Fortitude Valley, QLD 4006 Fortitude Valley
JLL - Brisbane
JLL - Brisbane
Level 39, 345 Queen Street, Brisbane QLD 4000
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Tim Jones
Tim Jones
+61 *** *** *** show +61 478 787 974