27 Warner Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

27 Warner Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 480m2
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Property Details for 27 Warner St, Fortitude Valley

Building Type
Commercial
Land Size
480m2
Local Government
Brisbane
Lot/Plan
9/RP806838

Last Listing description (October 2021)

Colliers, under instructions from Worrells Solvency and Forensic Accountants, is pleased to offer two (2) outstanding freehold investments in one of Brisbane's strongest performing commercial precincts.

The combined net income is in excess of $508,370* p.a. plus GST and lease expiries across both assets are co-terminus at 31 July 2026 with each tenant having a 5 year option. These stunning heritage buildings have been repurposed as entertainment facilities and offer a combined 1,473sqm* of site area with 39m* of frontage and a 10-storey development height limit (STCA).

25 & 27 Warner Street, Fortitude Valley are offered for sale individually via consecutive Public Auctions on Thursday 16 September 2021, 11am (AEST).

The key investment highlights of these opportunities are as follows:

25 Warner Street:
Tenants: Holey Moley Australia Pty Ltd (Funlab & TPG Capital) & The Brightside Brisbane Pty Ltd
Gross Floor Area: 514sqm*
Site area: 993sqm*
Current net income: $295,365 p.a. plus GST*
4.92 year WALE by income (as at 1 September 2021)

27 Warner Street:
Tenant: The Brightside Brisbane Pty Ltd
Building footprint area: 330sqm*
Site area: 480sqm*
Current net income: $213,004 p.a. plus GST*
4.92 year WALE by income (as at 1 September 2021)

25 Warner Street is anchored by international covenant Funlab, a leading hospitality-driven entertainment organisation wholly owned by private equity powerhouse, TPG Capital with over $90bn* assets under management.

27 Warner Street is tenanted by The Brightside Brisbane Pty Ltd being a live music venue boasting an indoor and unique outdoor stage with a capacity of 800* patrons. The business has been owned and operated by The Happy Horsemen Group for 7 years, who also own 6 other food, beverage and entertainment establishments across the country. The venue has hosted hundreds of local, national and international bands and is a vital player in Brisbane's live music scene

Please contact the exclusive agents below for a copy of the Information Memorandum or to arrange an inspection.

Approx*

Property History for 27 Warner St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$3,300,000
16 Sep 2021
  • 16 Sep 2021
    Sold for $3,300,000
  • 18 Aug 2021
    Listed for Sale Please contact agent
  • 02 Oct 2003
    Sold for $630,000
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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 8,304 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 15.14% increase in median value, while Units have seen a 85.59% increase. As at 31 March 2026:

  • The median value for Houses in Fortitude Valley is $2,100,929 while the median value for Units is $761,576.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 57 properties listed for sale, and 33 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 551 properties were sold in the past 12 months in Fortitude valley.

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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.