247 St Pauls Terrace

Located in Fortitude Valley, 247 St Pauls Terrace is a distinctive character office building positioned within one of Brisbane’s key fringe commercial precincts. The three-level property features a commercial kitchen on the basement level, with office accommodation across the upper levels.

Formerly an iconic pub and hotel, Trident Funds Management facilitated the exit of a training college from the property, undertook an extensive refurbishment program, repositioning the spaces into quality, character office suites in a diverse size range from 28sqm – 420sqm, in order to appeal to the local office and showroom market. This strategy grew the rental return on the asset by 50%, and, provided the investors with a diverse lease expiry profile with tenants from various sectors and uses from Eurloce’s international luxury lighting to a large multimillion dollar commercial kitchen leased on a long-term lease to Brisbane’s premier caterer.

 The property was acquired and is managed on behalf of a club of high-net-worth investors.