230 Wickham StreetFortitude Valley QLD 4006
Property Details for 230 Wickham St, Fortitude Valley
Last Listing description (February 2020)
CBRE and JLL are pleased to present The Elephant Hotel at 230 Wickham Street is for sale.
Key investment highlights:
- Secure long-term cash flow from long standing Elephant Hotel either as a tenant or as a going concern
- Incredibly inner-city location in the heart of Brisbanes entertainment precinct.
- Multifaceted hotel and business operation with strong performing bottle shop and underlying gaming value
There are two options available when purchasing the asset:
A prospective purchaser can acquire the property as a freehold going concern, taking on The Elephant Hotel, Greaser Bar, The Foundry, Prosperity Lounge and the detached Valley Wine Shops.
The prospective purchaser can purchase the property only and the owner will structure a leaseback commencing at settlement.
Property History for 230 Wickham St, Fortitude Valley, QLD 4006
- 05 Feb 2025Sold for $27,650,000
- 07 Feb 2020Sold
- 04 Feb 2020Sold for $8,020,000
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0About 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 8,300 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -38.83% decrease in median value, while Units have seen a 76.73% increase. As at 31 December 2025:
- The median value for Houses in Fortitude Valley is $780,202 while the median value for Units is $695,882.
- Houses have a median rent of $650 while Units have a median rent of $630.
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