Holdings
Allvey Property Group owns key assets in the heart of Fortitude Valley’s entertainment precinct.
6 Warner Street, Fortitude Valley
6 Warner Street was a hospitality (F&B) refurbishment undertaken by Portal Developments in 2017 / 2018 by partners Terrence Hutchinson and Rick Bird. The project involved retrofitting a vacant office warehouse building and leasing to local food and beverage operators on the ground floor as well as fitness training studio on Level 1. The asset has a 7 year weighted average lease expiry and is now owned by Allvey Property Group and the Hutchinson Family. The building neighbours The Fortitude Music Hall, developed by Scott Hutchinson and operated by Live Nation.
702 Ann Street, Fortitude Valley
702 Ann Street was an existing food and beverage tenanted property bought by Portal Developments (Terrence Hutchinson and Rick Bird) in 2017. Over time, the buildings tenancy profile was improved and the weighted average lease expiry was increased from 2 years to 7 years. The building is now owned by Allvey Property Group and the Hutchinson family. Fronting bustling Ann Street, this mixed use building complements the area with a range of bars and restaurants. It also neighbours Bakery Lane.
Projects
A selection of our projects currently underway.
Outer Ring Retail Development
Precinct Revitalisation
Fortitude Valley Leasing & Sale Advisory
Leasing
FOR LEASE
Property
Tenancy 2, 6 Warner Street, Fortitude Valley
Tenancy Area
246m2 ground floor + 152m2 level 1 space
Flexibility
Tenancy can be leased as one or individually
Features
Fully fitted out mezzanine bar, kitchen, beer garden and offices
Rent
Negotiable
Location & Use Opportunities
Fortitude Valley is Australia’s only dedicated ‘Special Entertainment Precinct’ and is unique in that it has extended trading hours and has live music as its anchor, with gigs across various venues every week. No other entertainment precinct in the world has such a dense supply of live music venues, with venues including including The Fortitude Music Hall, The Outpost, Black Bear Lodge, The Triffid, The Brightside, Blutes, The Tivoli, Greaser, The Zoo, Suzie Wongs, Jolly Roger, Ric’s Backyard, Woolly Mammoth and Barbara.
The tenancies would suit a variety of different uses, including (but not limited to), cocktail bar, casual dining, dive bar and / or nightclub. There is an existing commercial hotel license over the whole of the space, however an incoming Lessee would be required to reapply for this license. Commercial hotel license allows extended trading permissible until 3am within the Special Entertainment Precinct.
