608 Wickham Street,
Fortitude Valley, QLD 4006
Shops & Retail • Showrooms & Large Format Retail • Other
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Map of 608 Wickham Street
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.
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
608 Wickham Street
Fortitude Valley, QLD 4006
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