City Fringe Corner Investment with Development Upside

Ray White Commercial QLD and CG Property are pleased to exclusively offer for sale 116 Brunswick St, Fortitude Valley.

116 Brunswick is underpinned by the following highlights:
• 866m2* site with over 86m* of street frontage across Brunswick & Amelia Streets
• 465m2* GFA commercial building with rear delivery access
• 12 on-site car parks
• Net income $210,000 + outgoings + GST pa
• 1 year lease term + 2 x 6-month options
• MU1 Mixed Use (Inner City) zoning allowing redevelopment up to 4 storeys (STCA)
• City fringe location 1.5km from CBD & positioned in the rapidly developing Fortitude Valley precinct
• 300m from Fortitude Valley train station & 1.2km from Royal Brisbane Hospital
• Set to benefit from several new projects & public infrastructure including $5.4Bn Cross River Rail; Victoria Park Masterplan; RNA Precinct regeneration project
• 31,800* vehicles passing daily
• Huge potential for future development and capital growth in one of Brisbane's most exciting precincts underpinned by strong fundamentals and demographics

As the exclusive marketing agents, we encourage your strong consideration of this outstanding property and look forward to assisting you with your enquiries.

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