Vacant^ Commercial Building - Occupy, Invest, or Develop

RWC Queensland has the pleasure to offer 88-96 Warren Street Fortitude Valley in Brisbane, Queensland to the market.

With an existing vacant^ commercial building, this property offers multiple opportunities (STCA**) including:

- Occupy the existing commercial building;
- Invest and value-add by refurbishing and/or leasing the building; or
- Develop.

88-96 Warren Street Fortitude Valley is a prominent inner-city corner allotment with a modern two-storey commercial building situated just 300 metres* from the Brisbane CBD, 500 metres* from Fortitude Valley Train Station, and 600 metres* from Howard Smith Wharves.

- High traffic exposure with 172,900* vehicles weekly (at Wickham Street corner).
- Building Area - 1,801m²* NLA.
- Car Parking - 70 spaces.
- Land Area - 2,533m²* (83.3 metre* street frontage).
- Existing Lease to Global Mind Australia Pty Ltd has a termination clause (30 days notice to lessee).
- Current Net Income - $1,120,000 per annum*.
- NABERS Rating - Currently an 'Exception'.
- Zoned MU1 Mixed Use (Inner City).
- 15 storey allowable building height (STCA**).
- Zoning allows for commercial, retail, residential, government, service, community, cultural activities, and more**.
- Proximity to some of Brisbane's most prominent retail and lifestyle amenity including the Howard Smith Wharves and James Street precincts.
- Exceptional public and private transport connectivity, with train-bus-ferry services all nearby.
- Location set to benefit from significant major projects infrastructure including Valley Metro, Brisbane Live, RNA Showgrounds Regeneration Project, and Waterfront Brisbane.
- Situated just 1 kilometre* from Victoria Park which is a proposed site for the main stadium and other infrastructure for the 2032 Olympic Games.

A rare opportunity to secure a piece of this tightly held precinct. Huge potential for future capital growth and development.

For sale via Expressions of Interest campaign closing Thursday 31 October 2024 at 3.00pm (AEST).

*Approximately (radial km)
**Subject to Council Approval
^Termination clause in existing lease (30 days)
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