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669, 671 & 679 Ann Street, Fortitude Valley
Savills are selling The Beat Mega Club, a landmark freehold investment opportunity in the heart of Fortitude Valley, one of Brisbane’s most dynamic, high-growth inner-city precincts.
Comprising 1,219sqm* of land and an existing two-level entertainment complex with 1,390sqm* of internal net lettable area, the property offers investors a secure, long-term income stream underpinned by a business that has successfully operated from the premises for more than 43 years.
Producing an impressive annual income of $1,079,033 p.a.* The Beat Mega Club provides exceptional income security today, coupled with substantial future development potential to capitalise on the site’s prime location and underlying planning parameters allowing for up to 30 storeys (STCA).
Located in the vibrant Ann Street entertainment and commercial corridor, the property enjoys unmatched exposure and connectivity to the Brisbane CBD, Brunswick Street Mall, James Street, and major public transport nodes.
Key Investment Highlights
• Prominent 1,219sqm* freehold parcel of land with dual street frontage
- Approx. 103m combined frontage: 30m to Ann Street and 73m to Lucky Lane
• Existing two-level building with 1,390sqm* of internal net lettable area
• Fully leased to The Beat Mega Club — operating from the property for over 43 years
- Income: $1,079,033.28 p.a.* (paid monthly)
• Town planning advice confirms development potential for up to 30 storeys (STCA)
• Positioned in the heart of Fortitude Valley’s entertainment and commercial core
• Surrounded by major residential, retail and mixed-use developments
• Short walk to Brisbane CBD, Brunswick Street Mall, James Street, and Valley Metro train station
• Exceptional exposure to Ann Street, one of Brisbane’s key inner-city thoroughfares linking the CBD to Brisbane Airport
FOR SALE by Public Auction, Thursday 27th November at 11:00am
Remember to mention you found this property on CommercialReady
669, 671 & 679 Ann Street, Fortitude Valley
Savills are selling The Beat Mega Club, a landmark freehold investment opportunity in the heart of Fortitude Valley, one of Brisbane’s most dynamic, high-growth inner-city precincts.
Comprising 1,219sqm* of land and an existing two-level entertainment complex with 1,390sqm* of internal net lettable area, the property offers investors a secure, long-term income stream underpinned by a business that has successfully operated from the premises for more than 43 years.
Producing an impressive annual income of $1,079,033 p.a.* The Beat Mega Club provides exceptional income security today, coupled with substantial future development potential to capitalise on the site’s prime location and underlying planning parameters allowing for up to 30 storeys (STCA).
Located in the vibrant Ann Street entertainment and commercial corridor, the property enjoys unmatched exposure and connectivity to the Brisbane CBD, Brunswick Street Mall, James Street, and major public transport nodes.
Key Investment Highlights
• Prominent 1,219sqm* freehold parcel of land with dual street frontage
- Approx. 103m combined frontage: 30m to Ann Street and 73m to Lucky Lane
• Existing two-level building with 1,390sqm* of internal net lettable area
• Fully leased to The Beat Mega Club — operating from the property for over 43 years
- Income: $1,079,033.28 p.a.* (paid monthly)
• Town planning advice confirms development potential for up to 30 storeys (STCA)
• Positioned in the heart of Fortitude Valley’s entertainment and commercial core
• Surrounded by major residential, retail and mixed-use developments
• Short walk to Brisbane CBD, Brunswick Street Mall, James Street, and Valley Metro train station
• Exceptional exposure to Ann Street, one of Brisbane’s key inner-city thoroughfares linking the CBD to Brisbane Airport
FOR SALE by Public Auction, Thursday 27th November at 11:00am
Remember to mention you found this property on CommercialReady
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