A local private investor has purchased a full 665sq m* floor office tenancy including a 110sq m exclusive balcony on Level 3, 826 Ann Street, Fortitude Valley from a local private syndicate for $3.7 million.
Accountancy and financial services firm Snelleman Tom is on a secure 11 year lease until December 2026 with one five year option and the tenancy also comes with five car parking bays.
The sale was negotiated by Will Carman and Robert Dunne of Savills Australia who said the property is ideally situated adjacent to James Street Retail Precinct and is a 700m* walk to Fortitude Valley station and less than 2km* to the Brisbane CBD.
“The property was well received in the market, with five offers made, highlighting the demand for quality commercial assets in Fortitude Valley” said Will Carman, Executive, Commercial Sales at Savills Australia.
*Approximate