THE PROPERTY DEVELOPMENT REVIEW
250 Wickham Street, Fortitude Valley QLD Significant 3,489sqm Land Holding in Fortitude Valley
For Sale 250 Wickham Street, Fortitude Valley QLD
• Located on site is the heritage listed ‘Walton’s Building’ which boasts a rich history and characterised architecture. • Adjacent to world class entertainment/retail amenities and transport infrastructure. • Brisbane is experiencing significant growth following considerable Public and Private spending on key infrastructure projects across the region in addition to the recent successful tendering of the 2032 Olympic Games. • Strong underling land value and significant existing improvements • Significant 12,640sqm existing historic building on site. • Allowable height up to 30 storeys.
• Significant 3,489 sq m* land holding within the core Fortitude Valley precinct. • Located directly adjoining the $500M Valley Metro retail, commercial and residential redevelopment. • One of the most accessible, well connected loca - tions in Brisbane, less than one kilometre north- east of the CBD, the property enjoys the benefit of Brisbane’s extensive transport network including train, bus, CityCycle and CityGlider with some operating 24/7. • Under the current Brisbane City Plan the property has significant development upside with an exist - ing code assessable application for a 30-storey mixed-use Educational Establishment, Rooming Accommodation and associated Centre Activities development submitted over the site. • Heritage appeal. • Public transport accessibility directly adjoining the Valley Train Station.
*Approx.
Robert Dunne 0418 888 840 rdunne@savills.com.au
Josh Baker 0404 007 766 jobaker@savills.com.au
August / September 2022 – 83
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