4/18 Wandoo StreetFortitude Valley QLD 4006
Property Details for 4/18 Wandoo St, Fortitude Valley
Last Listing description (November 2023)
Burgess Rawson is pleased to offer to the market 4/18 Wandoo Street, Fortitude Valley QLD for sale via an Expressions of Interest Campaign as a part of our Investment Portfolio 165.
The property has the following investment highlights:
+ Eight (8) year head office lease to 2028 plus one (1) further five (5) year option 2033
+ Current market cap of $597.53 million with 325 retail stores worldwide and employs over 4,000 people
+ Annual fixed compounding 3% rent increases, ensuring certain income growth
+ Commanding high exposure 535sqm* corner site directly across from James Street Market Place & Centro on James supported by 23 high-end speciality retailers
+ Positioned within the heart of metropolitan Brisbane James Street retail precinct, home to Brisbane's top brands, bars and restaurants. The property is also walking distance to the Calile Hotel, the Newstead Residential Precinct (2,500+ apartments) and the Gasworks Residential Precinct (3,600+ apartments)
+ Brisbane: booming capital city and economic engine of the $409 billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents
+ Net Income: $271,493 pa* + GST
For Sale by Expressions of Interest Campaign closing 3:00pm AEST Tuesday 5 December 2023.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property History for 4/18 Wandoo St, Fortitude Valley, QLD 4006
- 20 Nov 2023Listed for Sale Price on Request
Recent sales nearby
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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 8,308 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -48.08% decrease in median value, while Units have seen a 76.70% increase. As at 31 January 2026:
- The median value for Houses in Fortitude Valley is $776,939 while the median value for Units is $718,836.
- Houses have a median rent of $650 while Units have a median rent of $650.
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