105/247 Wickham Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

105/247 Wickham Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 132m2
Land area: 132m2
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Property Details for 105/247 Wickham St, Fortitude Valley

Building Type
Commercial
Year Built
1930
Floor Size
132m2
Land Size
132m2
Local Government
Brisbane
Lot/Plan
105/SP175925

Last Listing description (August 2022)

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

The property has the following investment highlights:

+ Brand new 5 year lease to 2027

+ O'Skulligans: experienced national hospitality operator with numerous locations across Australia
+ Fixed 3% annual rent increases providing built in growth
+ 132sqm* ground floor lot in the iconic McWhirters building with outstanding exposure to 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
+ Ideal entry level retail investment in key metropolitan growth location
+ Two adjoining lots also for sale individually leased to Cash Converters and Vinnies
+ Advertise space available from 132sqm up to 680sqm
+ Net Income: $59,016 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.

Property History for 105/247 Wickham St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$975,000
05 Aug 2022
Listed for Rent
$1.39k/w
24 Jan 2014
  • 05 Aug 2022
    Sold for $975,000
  • 04 Jul 2022
    Listed for Sale Price on Request
  • 04 Sep 2018
    Sold for $1,935,000
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About Fortitude Valley 4006

The size of Fortitude Valley is approximately 1.4 square kilometres. It has 2 parks covering nearly 1.5% of total area. The population of Fortitude Valley in 2016 was 6978 people. By 2021 the population was 9708 showing a population growth of 39.1% in the area during that time. The predominant age group in Fortitude Valley is 20-29 years. Households in Fortitude Valley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fortitude Valley work in a professional occupation.In 2021, 17.60% of the homes in Fortitude Valley were owner-occupied compared with 21.00% in 2016.

Fortitude Valley has 8,299 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 45.31% increase in median value, while Units have seen a 85.90% increase. As at 30 April 2026:

  • The median value for Houses in Fortitude Valley is $1,655,443 while the median value for Units is $770,912.
  • Houses have a median rent of $710 while Units have a median rent of $650.
There are currently 59 properties listed for sale, and 43 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 629 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.