214/247 Wickham StreetFortitude Valley QLD 4006
Property Details for 214/247 Wickham St, Fortitude Valley
Last Listing description (May 2025)
BITE SIZED TENANTED INVESTMENT OPPORTUNITY!
Boasting a highly accessible position in the heart of Fortitude Valley, this retail strata offers a fantastic investment opportunity to own a commercial property in this much sought after location.
Located adjacent to Hungry Jacks, Flagship mall location, Balti is well positioned to capitalise on the new trade Hungry Jacks is bringing to this location.
Key investment considerations include:
Prime retail investment located in an action-packed inner-city hospitality precinct
Adjoins the Brunswick Street Mall, benefitting from late night trade
Current rent $59,008.78 exclusive of GST
Lease renewed for a further 3 years from 1st July 2022 (trading in this location for 9 years) with 3 year option
Excellent connectivity to multiple public transport options and road networks
Fortitude Valley has grown over the years and is now seen as a thriving precinct with a broad range of fantastic food, beverage and entertainment offerings including the remarkable Fortitude Valley Music Hall. Brunswick Street is also at the doorstep of Brisbane City, James Street Precinct and the Fortitude Valley train station.
Please call the Exclusive Agents from McGees Property Gavin Moore or Nina Brailey.
Property History for 214/247 Wickham St, Fortitude Valley, QLD 4006
- 20 Feb 2025Listed for Sale $725,000
- 08 Apr 2024Listed for Sale $725,000
- 29 Jul 2022Listed for Sale $725,000
Recent sales nearby
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About Fortitude Valley 4006
The size of Fortitude Valley is approximately 1.4 square kilometres. There are 2 parks, covering nearly 1.5% of the 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 8,304 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.
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