Property ID: 1P1872

669-679 Ann Street Fortitude Valley QLD

CONTACT AGENT
  • Retail
  • For Sale
  • 1800 sqm
  • 1213 sqm
  • 40 meter
LONGSTANDING TENANT WITH REDEVELOPMENT OPPORTUNITY
Situated in the heart of Fortitude Valley's vibrant entertainment hub, this fully leased property represents an exceptional investment opportunity. Occupied by Brisbane's renowned "Beat Mega Club" for over 40 years, this asset spans across three titles at 669-679 Ann Street.

The location is a hotspot for retail, dining, and nightlife, making it a highly sought-after area for both investors and developers. Boasting a 40-metre frontage on one of Brisbane's busiest roads, the property benefits from exposure to approximately 60,000 vehicles daily. Its prime positioning offers excellent transport links further enhancing its appeal. An excellent investment with a strong tenant covenant and future development ability.

- 1213m2 Land
- 1800m2 approx. GFA
- Current gross return of $1,052,020.58
- Established long term tenant 40+ years willing to extend lease term
- Circa 40 metres shopfront offering massive exposure
- Dual access via Ann Street and Lucky lane
- No easements affecting the site
- Huge potential of redevelopment (STCA)
- Excellent location in heart of Fortitude Valley

*all sizes and dimensions are approximate for indicative purposes.

Please contact marketing agent Chris Esdale to schedule your inspection and for more information.

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