FSG recently acquired a strategic site located at 395 St Pauls Terrace, Fortitude Valley. The property features a refurbished 1,500sqm office building over 3 levels which is fully occupied by the National Retailers’ Association.
Located in the Fortitude Valley Urban Renewal Precinct, this acquisition allows FSG to capitalise on Brisbane’s record low office vacancy levels, strong market demand and rents and increased densities in the area. Award-winning architects, Cottee Parker have been engaged to design an exciting new 10 level commercial office building, which FSG plan to offer as commercial Strata Title purchase opportunities.
A full Development Application has been lodged with Brisbane City Council with construction commencing immediately upon receipt of approvals. Note - Preliminary image only
Project Value: $53.0m
Project Status: Design and Development