631 Gregory TerraceBowen Hills QLD 4006
Property Details for 631 Gregory Tce, Bowen Hills
Last Listing description (July 2020)
This exciting business is strategically positioned within the expanding new urban development precinct of the former Brisbane Show Grounds, master planned and delivered by Lendlease. WTBH is Brisbanes biggest laneway bar!
Key features of this opportunity include:
Brand new hotel including a large open plan bistro, expansive island bar and shaded laneway providing an interactive indoor/outdoor hospitality venue along with standalone/private gin bar
Huge capacity liquor licence catering for up to 1,000 patrons and trading hours up to 1am
Potential to form an operational JV Partnership with interstate owner or purchase the business outright at well below replacement and set up costs
Over $2,500,000 in fit out costs available to be depreciated
Long term security of cash flow via a generous lease tenure
Located less than 10 minutes from the Brisbane CBD and adjoining high traffic flow and entertainment areas such as The Valley, Newstead and Teneriffe
Excellent exposure and signage fronting Gregory Terrace
Adjoining other new and exciting hospitality operators
Unique and interactive events space
For further details please contact Tom Gleeson or Mathew George.
Property History for 631 Gregory Tce, Bowen Hills, QLD 4006
- 20 Dec 2018Listed for Sale Not Disclosed
Recent sales nearby
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About Bowen Hills 4006
The size of Bowen Hills is approximately 1.7 square kilometres. It has 2 parks covering nearly 4.2% of total area. The population of Bowen Hills in 2016 was 3226 people. By 2021 the population was 4898 showing a population growth of 51.8% in the area during that time. The predominant age group in Bowen Hills is 20-29 years. Households in Bowen Hills are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bowen Hills work in a professional occupation.In 2021, 16.20% of the homes in Bowen Hills were owner-occupied compared with 17.50% in 2016.
Bowen Hills has 4,152 properties. Over the last 5 years, Houses in Bowen Hills have seen a 7.52% increase in median value, while Units have seen a 91.17% increase. As at 31 March 2026:
- The median value for Houses in Bowen Hills is $1,363,825 while the median value for Units is $782,665.
- Houses have a median rent of $745 while Units have a median rent of $650.
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