15 Brunswick Street, Fortitude Valley QLD 4006

Sold by Milad Askari of Harcourts Sunnybank!

Last purchased in 1997, the hotel went under a refurbishment to include a 17 rooms and 3 lounges - for a developer, this is definitely a great holding income!

This site also works with local education facilities and hospitals to provide accommodation for visiting students and hospital visitors.

Close to public transport (both bus and rail) TVs and a desk /dressing table are provided in each bedroom.

The redevelopment site comprises of the current hotel, adjoining premise and rear car park totalling 2,145sqm.

This is a rare opportunity to acquire a prime retail asset, with the following key investment attributes:
- Outstanding site exposure, on one of Brisbane's busiest arterial roads
- $100,000+* p.a. net passing annual income
- Located 2.9km* to Brisbane CBD
- Outstanding car park ratio

To view the redevelopment plans, proposed business plan or any further information, please contact the agent.

Please call before you miss out on this unique opportunity.