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Robert Dunne and Gregory Woods from Savills are selling a fully leased Investment property with development upside at 162 Alfred Street, Fortitude Valley, Brisbane, Queensland, Australia.
For more information please contact
rdunne@savills.com.au +61 (0) 418 888 840
gwoods@savills.com.au +61 (0) 409 305 224
- 1.3 kms* north of the Brisbane CBD and 200 metres to Valley Metro station and entertainment precinct
- 1,068sq m MP2 zoned land Three street frontage: 20m* of frontage to Alfred Street, 9m* of frontage to Esther Street, and 9m* of frontage to Yeovil Street
- Three level, 1,264sq m NLA, with basement parking for 29 vehicles
- Fully leased to QLD Government returning $575,000* per annum expiring 2016 with make good clause
- Medium term redevelopment upside
- A maximum building height of 12 storeys is permitted (subject to BCC approval)