171-181 Robertson Street
Fortitude Valley, QLD 4006

Overview

Irreplaceable Landholding - Rare Development Opportunity | James Street Precinct

Robertson on James, located at 171-181 Robertson Street in Fortitude Valley, Brisbane, Queensland, presents a super-prime development site opportunity in the heart of the James Street precinct. This site currently features two commercial buildings that are fully leased, offering a variety of potential uses subject to council approval.

The property offers multiple development possibilities including luxury residential, hotel, commercial, or mixed-use projects. Alternatively, it can serve as a passive intergenerational investment or land bank, with the option to occupy or lease the existing commercial buildings.

Situated just one kilometre from the Brisbane CBD, the James Street precinct is recognized as one of Australia's premier retail and lifestyle destinations. Originating from its industrial roots, the precinct has evolved into a vibrant urban retail area featuring over 110 specialty stores. These include design showrooms, fashion boutiques, award-winning restaurants and cafes, art galleries, design hubs, and grooming establishments. The precinct is known for its design-forward retail experience set in a leafy outdoor urban environment, combining cultural awareness with a relaxed Queensland spirit. It also hosts unique and creative events that foster cultural and community engagement.

Key features of the site include:

• A site area of approximately 1,651 square meters.
• Street frontage of 34.8 meters and a site depth of 47.3 meters.
• Desirable MU1 Mixed Use (Inner City) zoning.
• Location within one of Australia's most tightly held retail and lifestyle precincts, protected by high barriers to entry and surrounded by high-quality developments.
• Positioned diagonally opposite the acclaimed 5-star Calile Hotel.
• Existing improvements comprising two commercial buildings with a combined gross lettable area of 1,769 square meters and 24 car parks, currently fully leased to strong tenant covenants.
• Holding net income of approximately $1,187,907 per annum.
• Tenancy profiles and lease demolition clauses allow for vacant possession of the site in 2028 or potentially sooner through negotiation.
• A rare opportunity to join a highly coveted ownership group within the James Street retail precinct, which has maintained consistent ownership since its inception.
• An irreplaceable landholding in a prime location.

This property is offered for sale via an Expressions of Interest campaign closing on Thursday, 14 May 2026 at 1:00 pm AEST. Interested parties are encouraged to enquire for further information.

All measurements and figures are approximate and subject to council approval. Image outlines and labels are indicative only.

Change History

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