Substation No. 1, 22-24 Constance Street, Fortitude Valley, Qld 4006

MP Commercial (in conjunction with Chesters Real Estate) has the exclusive privilege of offering 22-24 Constance Street, Fortitude Valley for sale and we summarise the key investment features of the property as follows:

- 2,403 sqm* refurbished character office - invest, occupy or redevelop

- Fully leased net income of $1.29 million per annum*

- Short term WALE (0.53 years) providing potential for rental reversion or development upside 

- $250k+ recent capex spend; 5-Star NABERS rating 

- 1,539 sqm* PC1-zoned freehold site, code-assessable to 15 storeys with no heritage overlay

- Situated in Fortitude Valley, where rents have surged 11-12% year-on-year and vacancy sits at just 9.3%
 
- 300m* to Fortitude Valley Station; 700m* to the Cross River Rail interchange (2026)

- 24m* street frontage in Brisbane's prime fringe growth corridor

*Approximately

For Sale via Expressions of Interest Closing 2:00pm (AEST) Thursday 7 August, 2025.

If you would like further information or would like to arrange an inspection or access to the due diligence material, please contact the exclusive selling agents.