Fortitude Valley Development Site with Approval For 184 Units

Cushman & Wakefield are pleased to present 156-162 Alfred Street & 21 Esther Street, Fortitude Valley to the market for sale via offers to purchase.

156-162 Alfred Street & 21 Esther Street, Fortitude Valley is a highly versatile opportunity that provides the ability for a range of qualified groups to achieve strong property outcomes. This asset offers significant development potential in a highly gentrified, amenity driven precinct while equally having the potential to be repositioned to achieve occupier or investor objectives through three substantial commercial buildings.

A snapshot of the opportunity is below:

• Development approval for 184 units
• Designed by Elenberg Fraser
• Zoned Principal Centre 1 (PC1)
• Land area of 1,665sqm* with 87m* of combined, three street frontages
• Three freestanding commercial buildings providing a total building area of 2,212 sqm* with 30* carparks 
• Short term leases allowing for immediate development or occupancy outcomes
• Pivotal Fortitude Valley location with immediate access to bus & train services
• Located in Brisbane’s premier live/work/play precinct less than 1km from the CBD
• Positioned to benefit from economic and efficiency gains derived from ‘city shaping’ incoming major capital projects including, Valley Metro, Victoria Park Vision, RNA Regeneration Project & Waterfront Brisbane

For further information, please contact the exclusive agents from Cushman & Wakefield.

*Approximate