The leasehold opportunity is in the Sun Building – less than 50m to the top of the Brunswick St Mall. Visibility is very high and foot traffic in that vicinity is the highest in Brisbane on busy hospitality nights.
The venue was formerly Sun Bar, and has most recently been OMFGs strip club and Drunken Monkey speakeasy – last 7 years. Ling Lings or Bunker Bar is in the basement area below – currently under lease but might also available by negotiation if a larger space over 1250m2 required. (See Google Maps)
The Valley is in the middle of an urban transformation with 10 x high rise developments completed in the last 7 years and another 15 x 30-story towers in the development pipeline.
All are mixed use residential/commercial buildings as the inner city transforms into a vibrant residential / entertainment precinct filled with high-end bars, restaurants, boutique hotels and live music venues. For the right operator, this represents an ideal opportunity to capitalise on what will be a huge period of economic activity leading up to the Brisbane Olympics.
There are two leases available now,
Lease rates are currently between $610/m2 and $650/m2 – plus outgoings (body corporate, insurance rates, etc).
Monthly Rents (+gst),
Plus Outgoings which include,
On Brunswick St there is ample street frontage with a distinctive entry way and good signage rights. This tenancy fronts both McLachlan St and Brunswick St, plus is very clearly visible from Ann St and the top of the Brunswick St Mall.
The Body Corporate consists of a Retail scheme on the bottom level (3 nightclub spaces) and a Residential scheme on the top level (40+ units with a separate entry and car park). The Primary Body Corporate is equally represented by Retail and so your interests as a leaseholder are secured with a positive and productive working relationship between the two parties.
Note: This is not a sale of a going concern. The incoming tenants will not be trading as adult entertainment. Experience suggests that the combination of a strip club in the same building as the Sun building residential units is not an ideal fit. On a positive note, the residents will be positively stoked with a new operator as a bar, restaurant or nightclub.
Note: There are no pokies attached to the Hotel License at present. This license is entitled to up to 5 off premises bottle shops. There is one small space that traded as a bottle shop off McLachlan St for a time during Covid which you could re-activate.
If you’re interested in the opportunity there are two steps to follow next.
Thank you again for your time in considering this opportunity to date. We look forward to meeting you and discussing the leasehold in more detail.
Here’s a bit more detail on the space available. If you’re still interested after reading this,
This is an off-market leasehold opportunity in the heart of the Fortitude Valley Entertainment Precinct.
All uses allowable under the LEP, however the existing Hotel liquor licence in place would suit a restaurant, bar or nightclub (or combination) or an operator looking for a venue to place new poker machine licences and/or run off site bottle shops.
Multiple options available at competitive market rates:
This opportunity is perfect for a professional group looking for a 5 Star venue location where the existing architecture, layout and fit out are ideally suited to a quick turnaround of a character filled venue offering excellent flexibility with multiple entertaining spaces across split levels.
This is not just one big empty clean skin room with $ millions to spend on the fitout. This is a unique venue (currently trading) with a grand entrance, high ceilings and existing working infrastructure that will be very easy and very affordable to transition to your new hospitality theme.
The space has been designed by experts who know that large rooms need flexibility in space so that no matter how many patrons the room always has atmosphere.
The Valley is in the middle of an urban transformation with 10 x high rise developments completed in the last 7 years and another 15 x 30-story towers in the development pipeline – all mixed use residential/commercial buildings as the inner city transforms into a vibrant residential / entertainment precinct filled with high-end bars, restaurants, boutique hotels and live music venues.
For the right operator, this represents an ideal opportunity to capitalise on what will be a huge period of economic activity leading up to the Brisbane Olympics.
If you have a strong theme and a signature venue concept and need a bigger, premium space in a prime location in the heart of the Valley, explore this opportunity today.
Please tell us more about you and the venue you’re looking for. This is a substantial project, so we will only talk with qualified interested parties. This is an off-market negotiation and so there will not be multiple site views open to everyone. Confirm your interest below and we will open discussions with operators with finance in place ready to act quickly.
Once we learn more about you we will invite you to schedule a site visit and will then reveal all the detail you’ll need to understand the opportunity.
Thank you for your time and attention.
Steps to Enquire:
Learn more here www.ValleyHospitality.com.au
Dear Hospitality Investors,
There exists a unique off-market leasehold opportunity in the heart of the Fortitude Valley Entertainment Precinct. If you’ve been searching for your next hospitality venue, this is a rare character-filled opportunity in Brisbane’s largest late-night precinct.
All uses allowable under the LEP, however the existing Hotel liquor licence in place would suit a restaurant, bar or nightclub (or combination) or an operator looking for a venue to place new poker machine licences and/or run off site bottle shops.
This opportunity is perfect for a professional group looking for a 5-Star, character-filled venue offering excellent flexibility with multiple entertaining spaces across split levels.
To learn more about the opportunity or to express your interest in the leaseholds, visit www.ValleyHospitality.com.au now.
Steps to Enquire:
Learn more here www.ValleyHospitality.com.au