Retail

39 James Street, Fortitude Valley

39 James Street Fortitude Valley, QLD Australia 4006
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Building Area Gross
Land Area Gross ()
Occupancy 100.0 %
Call for Offers 2022-05-24

Asset Description

JLL and CBRE are pleased to present a 100% freehold interest in 39 James Street, Fortitude Valley.

 

Occupying a large corner site directly opposite the 5-star Calile Hotel, this highly coveted investment represents a truly rare opportunity to acquire a high-quality asset within one of Australia’s most tightly held retail precincts.

 

39 James Street, Fortitude Valley is being offered for sale by way of an Expressions of Interest campaign closing Wednesday 25 May 2022 at 4:00pm (AEST).

Investment Highlights

  • First investment opportunity of scale offered to the market since the James Street retail precinct was established nearly two decades ago - a truly rare  opportunity never to be repeated


  • Residing within one of Australia’s most tightly held retail precincts, protected by extremely high barriers to entry and complemented by the highest quality surrounding development


  • The strong performing centre provides a 7.8-year WALE (by area) and strong tenant retention fundamentals, further supported by strong fixed annual reviews between 3.00%-4.00%


  • Rare opportunity to join a highly coveted ownership group within the James Street retail precinct which has largely consisted of the same owners since the precincts inception


  • Arguably the best position on James Street situated on an expansive 3,301sqm corner site opposite the 5-star Calile Hotel, with 45 metres* of direct street exposure to James Street


  • Long-term underlying land value underpinned by desirable MU1 Mixed Use (Inner City) zoning and significant development potential of up to 8-storeys under the current building code (STCA)
Last Updated Date: 26 Jun 2022

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 26 Jun 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.