Significant 3,489sqm Land Holding at 250 Wickham Street, Fortitude Valley
Savills are selling 250 Wickham Street, Fortitude Valley.
The prominent landmark property occupies a key corner location in the heart of Fortitude Valley. The 3,489sq m* site within the core of the Fortitude Valley precinct, benefits from additional frontage Brunswick Street and Overells Lane and access to Alden Street at the rear
The significant 12,640 sqm existing historic building is a largely underutilised development opportunity with potential to 30 levels.
- 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 locations 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 existing 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.
- 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 underlying land value and significant existing improvements
- Significant 12,640sqm existing historic building on site.
- Allowable height up to 30 storeys
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