L104/L106/247 Wickham Street, FORTITUDE VALLEY, QLD, 4006

Burgess Rawson is pleased to offer to the market, Vinnies Fortitude Valley for sale via our Investment Portfolio Auction 154.

The property has the following investment highlights:

+ Brand new 5 year lease to 2027 plus option to 2029

+ Vinnies: Australia’s leading national not-for-profit organisation

+ CPI annual rent reviews providing strong growth

+ Commanding 342sqm* corner ground floor lot in the iconic McWhirters building with outstanding exposure to Wickham Street and Warner Street

+ Ideal location in the heart of Fortitude Valley with over $5.5 billion in nearby approved or proposed residential and commercial developments including 310,000sqm* of office space

+ Surrounded by major key infrastructure projects shaping Brisbane, Australia’s new world city and host of the 2032 Olympic Games

+ Prominent corner site exposed to high levels of foot and vehicular traffic

+ Long term rental upside potential through conversion to hospitality use

+ Tenant currently undergoing fit-out and due to open in late July

+ Two adjoining lots also for sale individually leased to Cash Converters and O’Skulligans

+ Advertise space available from 132sqm up to 680sqm

+ Net Income: $159,475 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEST Thursday 4 August 2022

The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

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