Share this property

realcommercial.com.au

608 Wickham Street Fortitude Valley, QLD 4006

Directions

608 Wickham Street,
Fortitude Valley, QLD 4006

Shops & Retail • Showrooms & Large Format Retail • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Zoning

Tenure type

Sold on

Map of 608 Wickham Street

Directions

608 Wickham Street, Fortitude Valley

  • Fully Leased Investment
  • Huge uplift Potential
  • Modern, CBD Asset
This quality commercial property investment offers:


1. Prime 653 m² site with a Brisbane central city location;

2. Low commercial rents offering substantial future income growth;

3. Fully refurbished commercial component underwriting 60% of the income;

4. Ability to also reposition the residential component and further increase income;

5. Opportunity for future redevelopment to 10 levels (STCA);

6. A net income stream after all outgoings are paid by the tenants with an ROE in excess of 8% on the vendors asking price;

7. Cash flow positive from Day 1. Not negative cash flows like most residential investments;

8. Freehold ownership - No body corporates to deal with. No strata-title. Just you making your own decisions.

Closing date for offers: Friday June 25 2021



Contact Stephen today for the DD Pack.

Property ID: 503833718Last Updated: 21 Mar 2024

realcommercial.com.au logo
608 Wickham Street
Fortitude Valley, QLD 4006

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.