Tuesday 21 August 2018

172 Robertson Street Fortitude Valley - Now Fully Leased

172 Robertson Street, Fortitude Valley Q 4006, the former location of a renowned fetish club, The Hellfire Club of Queensland (now in Spring Hill), is now fully leased, all by Chris McLeod of Your Commercial.

The property was completely rebuilt approximately 18 months ago producing a 1060.50sqm boutique office building designed for smaller tenancies between 120sqm and 380sqm in size with a net annual income of $577,091.

The last tenant to take up occupancy is Engage US Pty Ltd which commences their 120sqm tenancy on 31 August 2018 on a 5-year term with a 5-year option.  Engage specialises in recruitment and labour solutions for the industrial, engineering, manufacturing, building and construction and mining sectors of Australia with two offices based in Queensland and one in New South Wales.  It is currently located at 875 Ann Street along with Your Commercial.

Other Tenants also placed in 172 Robertson Street by Chris McLeod of Your Commercial, include, Hutton and Hutton, Gray Puksand, Cole Lawson and Biarri Optimisation, with from 3 to 5 years left on each of the leases.  The building has been designed primarily for open plan office users featuring ground polished concrete floors, concrete ceilings and suspended track lighting, giving the office tenancies a factory/industrial feel about them.

 

172 Robertson Street is an ideal property for the current market trend of smaller open plan tenancies. Its location to James Street and Fortitude Valley Train Station has make it a highly desirable property.  Now that the property is fully leased, the delighted Landlord, Shortwing Pty Ltd, is retaining the property for a long-term hold.