Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Year Built 2021
Building Area Net
Land Area Net ()
Occupancy 85.0 %

Asset Description

JLL and CBRE are pleased to present this rare and exclusive opportunity to acquire a 100% interest in Valley Metro – a significant mixed-use asset positioned directly over Fortitude Valley Train Station, one of Queensland’s busiest railway stations.


The asset includes a vibrant Woolworths Metro anchored retail centre, an extensively refurbished office tower (Transport House), and a freestanding commercial car park. 

Occupying over 2 hectares of site area, there is potential for multi-stage development opportunities for Commercial, Residential or Build to Rent offerings.

Investment Highlights

Valley Metro is underpinned by the following investment highlights:


  • Brisbane’s only privately owned inner-city Transit Oriented Development
  • Direct link inside the Centre to Fortitude Valley Train Station, with over 18,000 visitors to Valley Metro daily
  • Significantly refurbished in 2020, with more than $40 million completed in a capital expenditure program
  • Diversified cash flow across multiple asset types with secure income from over 60 tenants
  • Every one of the 25 tenants in Transport House are first generation tenants with brand new fitouts
  • Multiple opportunities for further value creation including major sites primed for development
  • Existing DA approvals in place for a prime 33,000 sqm NLA office tower and a 207 apartment residential tower
  • Fortitude Valley is a major attractor of a young, affluent, couple-based demographic, recording 10-yr population growth of 7.1% per annum
  • Poised for significant growth underpinned by leading levels of infrastructure spend as we head towards the Brisbane 2032 Olympics

A 100% Interest in Valley Metro is available for sale via an International Expressions of Interest campaign closing 4:00pm (AEST) Wednesday the 29th of June 2022.

Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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