1 Prospect Street, Fortitude Valley, QLD 4006

Retail

Leased

  • Property ID: 446449
  • Floor Area: 180m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased 25/10/2024 180m2 N/A N/A
Valley Turnkey Restaurant and Bar with waiting clientele.

Phone enquiries - please quote property ID 34351.

Are you an experienced hospitality operator with a passion for vibrant spaces? Do you dream of running your own venue but lack the funds or appetite for risk? This is the opportunity you've been waiting for!

Situated at 1 Prospect Street Fortitude Valley, and also opening onto Hynes Street, with a deck and dining area. It’s the only fully fitted-out Restaurant & Bar in the vicinity. It’s near the bustling Valley heart, but surrounded by apartments, many small businesses and 2 high rise towers of office workers, this prime location is perfect for building a thriving business. Capitalize on the lack of competition and focus on the custom audience on hand. Even in tough economic times like now a Savey operator couldn’t help but succeed.

Property Highlights:-

• Prime Location: Perfectly positioned to service patrons from the many nearby apartments and offices workers.
• Turnkey Operation: The venue is fitted out and requires minimal work to reopen.
• Liquor License: It is still in place, from 10.00am to midnight 7 days.
• Kitchen: Well-appointed kitchen exhaust and appliances.
• Cold room: Complete with deep freeze and beer equipment for 12 taps.
• Only Bar in the area: The only venue with a bar in the nearby vicinity.
• Amenities: Separate Ladies, Men’s & Disabled.
• Growth Potential: Immense potential for growth and profitability, just look at what’s around it.
• Parking: Prospect Street offers plenty of on-street parking after business hours.
• Lease incentives: A very flexible soft start is offered, offering time to establish.


Act Now! Time is of the essence. Mounting costs mean we need to move quickly. If you're an enthusiastic, experienced operator, contact us today.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Fortitude Valley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4959 $686 13.83%
Industrial --- $131 ---
Retail $6268 $530 8.46%
This is the average advertised price, rent and yield for Fortitude Valley, QLD 4006*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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