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Fortitude Valley Freehold Investment

198 Wickham Street, FORTITUDE VALLEY QLD, 4006

For Sale

Property for Sale in 198 Wickham Street, FORTITUDE VALLEY QLD, 4006

Ray White Commercial Qld

Level 26, 111 Eagle Street (GPO Box 2433), Brisbane, QLD 4001

Listing ID:
11367942
Status:
Active
For:
Sale
Price:
$3,100,000
Last Updated:
12/12/2019
Icon building

Property Type

Retail
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Land Area

207 SQM
Icon size

Floor Area

534 SQM
Icon parking

Parking

N/A

Fortitude Valley Freehold Investment

Ray White Commercial (Qld) is pleased to exclusively offer 198 Wickham Street, Fortitude Valley for sale at $3,100,000 / 7.1% Net yield*.

Key Investment Attributes:
*New 7 year Lease until November 2026 plus 3 x 5 year options
*Net rental $224,640p.a*, excluding Land tax
*Fixed 3% increases annually
*Lessee pays all outgoings, excluding Land tax
*Entertainment venue since 1964
*100m* from the new live entertainment venue, Fortitude Music Hall

Inspections by appointment only.

Please contact the marketing agent for further information.

*Approximately

For more details, please email agent


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Ray White Commercial Qld

Level 26, 111 Eagle Street (GPO Box 2433), Brisbane, QLD 4001


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